Lark Davis|Sep 28, 2026 07:26
$387 million was just stolen from Bitget, but the real war is what happened next:
THORChain publicly refused to blacklist the hacker's addresses.
Bitget’s CEO demanded they cut off the hacker’s addresses, arguing decentralization shouldn’t protect known stolen funds. THORChain held the line on permissionless code, refusing to censor transactions.
It puts crypto's hardest question back on the table:
• Freeze the funds to fight crime, and you kill censorship resistance.
• Protect permissionless code at all costs, and you let hackers walk.
Which camp are you in?
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