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

What happened

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 hours later. And in May, THORChain itself lost $10.7 million.