Back X MistTrack🕵️ on X: "THORChain and Stolen Funds: The Industry Needs Answers After the ...
MistTrack🕵️ @MistTrack_io THORChain and Stolen Funds: The Industry Needs Answers After the $1.46B @ Bybit_Official hack last year, nearly $1.2B in stolen funds was reportedly traced through @ THORChain as the attackers moved assets across chains. Today, following another major security incident at @ Bitget , we are once again observing Bitget Exploiter funds being sent into the THORChain for asset swaps and cross-chain transfers. The question is no longer: “Does THORChain know these funds are associated with hackers?” The attacker addresses have already been publicly flagged and are being actively tracked by exchanges, blockchain security/aml firms, and the wider crypto industry. The real question is: When a protocol is aware that funds originate from a publicly identified major hack, yet continues to facilitate large-scale cross-chain swaps, how should the industry view this under the banner of “decentralization”? Decentralization should not become a blanket excuse when dealing with known stolen funds. If, after every major crypto hack, attackers can continue using THORChain as a route to move funds from ETH → BTC, BNB → BTC, and across other chains, the industry needs to seriously ask: What responsibility should THORChain bear when handling known stolen funds? @ GracyBitget @ xiejiayinBitget @ benbybit 8:36 AM · Sep 25, 2026 · 123.7K Views 44
boone @BooneW 5h What part of permissionless don't you understand?
Bitget @bitget 9h Thank you @ SlowMist_Team , for your continued support and tireless efforts to track and recover the funds. 4
Michael Perklin @mperklin 4h The thieves didn’t only send their ill-gotten gains through THORChain. They sent them through Ethereum, Bitcoin, and dozens of ISPs while making use of computers and operating systems. The reason is the same for all.
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