Crypto exchange Bitget lost $387.5 million in a hack last week. The attackers are suspected to be North Korean. Investigators identified and traced the addresses that received the funds soon after the attack.
THORChain has not blocked the addresses linked to the hack. It is unclear whether THORChain is choosing not to act or is unable to. That has raised a question: could the people who develop THORChain be prosecuted for money laundering?
Cointelegraph Magazine put that question to crypto lawyer Yuriy Brisov. His answer was that it is complicated. The article, by Andrew Fenton, was published on September 30, 2026. The excerpt available here does not say whether any authority has opened a case against THORChain or its developers.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this story changes nothing directly. The report says nothing about funding rates, trading fees or liquidity on any of these exchanges. It is about a legal question over THORChain and stolen funds, and it has no measurable effect on what it costs to hold a position.
Source: cointelegraph — Could THORChain face prosecution over stolen Bitget funds?