Bitget’s security systems identified unauthorized transfers involving approximately $351.6 million in assets
Following another major security incident at Bitget we are observing Bitget Exploiter funds being sent to THORChain for asset swaps and cross-chain transfers.
THORChain is decentralized and permissionless like Bitcoin, Ethereum, and BNB Chain
During THORChain’s May 2026 exploit, the attackers addresses were never blacklisted and therefore never prevented from swapping on THORChain. THORChain is permissionless and doesn't censor by design.
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