Daily Market Updates: THORChain limits on blocking Bitget hacker addresses raise prosecution questions

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THORChain limits on blocking Bitget hacker addresses raise prosecution questions

Cointelegraph notes THORChain cannot or will not block addresses tied to the reported $387.5 million Bitget hack, complicating any potential money laundering theory.

Reported · Written up by our desk · Regulation

Cointelegraph reports that THORChain will not, or cannot, block addresses linked to the Bitget hack involving $387.5 million.

The outlet frames the issue around whether THORChain developers could face prosecution for money laundering, with crypto lawyer Yuriy Brisov saying the question is complicated.

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CointelegraphCould THORChain face prosecution over stolen Bitget funds?

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THORChain limits on blocking Bitget hacker addresses raise prosecution questions

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