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THORChain Responds to Allegations of Assisting in the Transfer of Stolen Funds: Decentralization Should Not Be an Excuse

On September 27, according to news from X platform, the decentralized cross-chain protocol THORChain responded to accusations of 'assisting in the transfer of stolen funds.' Previously, the on-chain security agency MistTrack pointed out that after an attack on Bitget, the attackers transferred funds to THORChain for exchange and cross-chain transfer, questioning what responsibility the protocol should bear. THORChain expressed deep regret over the recent attack incidents but emphasized that it is a decentralized and permissionless protocol, just like Bitcoin, Ethereum, and BNB Chain. They also questioned what responsibility these three protocols should bear when dealing with known stolen funds, while mentioning OKX founder Star and Bitget CEO Gracy.

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