Bitget CEO urges Thorchain to block wallets after $387.5 million theft

  • Bitget CEO Gracy Chen urged Thorchain to block the attackers’ wallets.
  • Hackers stole $387.5 million from Bitget before the request was made.
  • Thorchain refused, citing similarities to Bitcoin and Ethereum’s decentralized structures.

Bitget CEO Gracy Chen urged Thorchain to block wallets linked to hackers who stole $387.5 million from Bitget. Thorchain refused, citing its decentralized and permissionless structure, which the source compares with Bitcoin and Ethereum. The decision has fueled debate among crypto leaders about whether decentralized networks should intervene after major thefts.

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