THORChain addresses questions regarding the Bitget security incident, emphasizing the permissionless nature of decentralized protocols.
MistTrack (@MistTrack_io) disclosed that, following the transfer of nearly $1.2 billion in stolen funds from last year's $1.46 billion Bybit hack via THORChain, Bitget has recently suffered another major security breach, with stolen funds suspected of again flowing through THORChain. In response, the official THORChain team stated that its protocol is a decentralized, permissionless network, just like Bitcoin, Ethereum, and BNB Chain.