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THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford

2 signals from 2 sources·Updated 2 days ago

Momentum

38/100

Affected tickers

USDT

Summary

Bitget lost $387.5 million in a hack and asked THORChain to block the attacker’s addresses. THORChain said no. Weeks later, Tether froze four THORChain vaults on Tron holding 1.45 million USDT, then unfroze them three…

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Contributing sources (2)

  • THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford · thedefiant.io · 4 days ago
  • TRON leads stablecoin transfers with $19.4 billion in USDT volume in a single day · cryptobriefing.com · 4 days ago

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