Hackers stole $387.5 million from crypto exchange Bitget on September 24, and part of the funds was converted into Bitcoin through THORChain, a permissionless cross-chain swapping network that does not require identity checks. Bitget CEO Gracy Chen asked THORChain to reject transactions involving the publicly tracked wallets, but the network defended its open-access design and had not blocked the flagged addresses. OKX founder Star Xu said OKX and OKX Wallet responded immediately and were prepared to help identify, trace and potentially stop the movement of stolen funds, arguing that crypto security requires rapid information-sharing and cooperation. The dispute has revived scrutiny of THORChain's handling of illicit funds, including its previous interventions during crises, while Bitget said its $464 million protection fund covers every customer, withdrawals would resume Monday beginning with Bitcoin at 8:00 UTC, and it was offering a 5% bounty for information that helps freeze the funds.