Hard to tell if this is ignorance or malice on display, but either way it's simply wrong.
The May 2026 hack *broke*
@THORChain - made it inoperable. That is why it halted. It is actually quite common for parts of TC to be halted for various reasons, usually bugs.
There's a huge difference between closing a road to traffic for repair and selectively choosing who is allowed to drive on it.
TC would allow the funds stolen from it to be swapped through it.
Also very importantly, TC does not obfuscate anything - it is completely transparent. It is trivial to trace all funds moved through TC. No obfuscation, no laundering.
Honestly expect better of
@austincampbell, usually has pretty good takes
"THORChain voluntarily chose to launder sanctioned funds for the North Koreans. There are consequences for that."
Austin on why THORChain is a cleaner DOJ case than Tornado Cash
"This is where I think the THORChain folks have now got themselves in a serious pickle. You showed that you have the capability to stop your chain when you choose to do so, and you chose not to do so here. That is very different than infrastructure that has no off switch."
"If you got exploited yourself and there was no way to fix it and it just happened, okay, I buy your claim of decentralization then, because the point at which you really would use it is when you are being harmed. And if you don't, that's pretty good evidence you can't."
"However, THORChain did. They transparently did. They stopped the chain when there was an exploit. They've done it. They showed they have the capability."
"So to me, this is actually a much cleaner case for people at the DOJ than something like Tornado Cash - where it was never turned off. This one's clearly, you have elective control over the network, and you're choosing when to use it and choosing when not to use it."