Bitget CEO Gracy Chen Formally Asks THORChain to Reject Transactions from Exploiter Addresses

On-chain tracking platform MistTrack, an arm of SlowMist, pointed out that following an earlier exploit of Bybit where nearly $1.2 billion in stolen funds was routed through THORChain for cross-chain transfers, proceeds from the recent Bitget security incident are once again flowing into THORChain for asset swaps and cross-chain bridging. MistTrack stated that the hacker addresses had already been publicly flagged and actively tracked across the industry. With the protocol continuing to facilitate large-scale cross-chain swaps despite knowing the assets originated from a publicly known major exploit, MistTrack argued that decentralization should not serve as an excuse for handling known stolen funds, and that the industry needs to seriously discuss what responsibility THORChain should bear in such scenarios.

In response, Bitget CEO Gracy Chen stated that the associated attacker addresses have been made public and remain under active surveillance, formally asking THORChain to reject transactions originating from these addresses. She noted that decentralization is a design principle rather than a shield for facilitating the movement of known stolen funds.