THORChain continues to process transactions for addresses tied to a $387.5 million theft, ignoring Bitget's request to block the movement of 2,390 ETH into 75.2 BTC.
THORChain rejected Bitget's request to block hacker addresses, allowing continued fund movements.
Approximately 75.2 BTC received from swapped ETH as part of the hacker's fund movements.
About 2,390 ETH was swapped into BTC via THORChain, representing the hacker's moved assets.
THORChain facilitated the conversion of 2,390 ETH into 75.2 BTC across 27 separate transactions. The protocol declined a request from exchange Bitget to blacklist addresses linked to a $387.5 million theft, allowing the illicit funds to continue moving through its decentralized liquidity pools.
THORChain operates as a decentralized protocol and chose not to comply with Bitget's request to block specific addresses linked to the $387.5 million theft.