THORChain’s swap volume climbed to $1.72 billion by Sept. 26 from $610 million in August, while fees rose to $479,033.13 from $145,464.59. The increase followed a Bitget security incident in which stolen funds were reportedly laundered through THORChain to swap and transfer assets between blockchains. Bitget CEO Gracy Chen urged THORChain to block the attacker addresses, arguing that decentralization should not facilitate the movement of known stolen funds. THORChain responded by emphasizing its status as a decentralized, permissionless protocol, unlike a centralized exchange that can maintain a blacklist. OKX founder Mingxing Xu, also known as Star XU, said the comparison with Bitcoin and Ethereum’s base-layer consensus was incomplete because THORChain’s cross-chain infrastructure uses Threshold Signature Scheme (TSS) vaults controlled by participating validators and nodes. A transaction requires signatures from a threshold of those participants, meaning the network can decide whether to stop a transaction, unlike Bitcoin, Xu said. RUNE, THORChain’s native token, was trading at $0.7908 at press time, up 15.8% over 24 hours. Bitget withdrawals remained suspended while the exchange investigated the breach and worked with law enforcement and blockchain-security firms.