THORChain Refused: Security incident

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 to a GG20 flaw.

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

• https://thedefiant.io/podcasts-and-videos/podcast/thorchain-refused-to-block-the-usd387m-bitget-hacker-here-s-why-or-chad-barraford

Record history

First seen: 2026-11-03T18:07:04.000Z. Last updated: 2026-11-04T07:57:51.400Z. Revision: 2.