Near Intents identified more than $50 million in attempted laundering flows linked to the Sept. 24 Bitget security breach, which resulted in approximately $387.5 million being stolen. Its SHIELD risk-intelligence layer (automated transaction-monitoring system) halted transfers and froze $503,000 during execution, while approximately $166,000 passed through. Near Intents said it would waive its share of Bitget’s recovery bounty, leaving more funds available for recovery. Bitget CEO Gracy Chen praised the intervention and said the frozen assets would remain restricted pending legal and recovery proceedings. The episode has intensified debate over whether permissionless crypto infrastructure can remain open while blocking transactions associated with known stolen funds.