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Bitget CEO Wants Thorchain to Block Hackers, but There’s a Catch

News.Bitcoin.com
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Bitget CEO Wants Thorchain to Block Hackers, but There’s a Catch

On Saturday, two days after Bitget was hacked, CEO Gracy Chen publicly asked Thorchain to cut off the hackers who drained hundreds of millions from her exchange this week. “Decentralization is a design principle, not a shield for facilitating known stolen funds,” the Bitget executive insisted. Bitget’s Hack Climbs to $387.5 Million as CEO Gracy […]

Key Takeaways

  1. On Saturday, two days after Bitget was hacked, CEO Gracy Chen publicly asked Thorchain to cut off the hackers who drained hundreds of millions from her exchange this week.
  2. “Decentralization is a design principle, not a shield for facilitating known stolen funds,” the Bitget executive insisted.
  3. Bitget’s Hack Climbs to $387.5 Million as CEO Gracy […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.