Could THORChain face prosecution over stolen Bitget funds?

Bearish-20.58%

30 Sep, 13:30

Source: Cointelegraph

AI Summary

THORChain faces potential legal scrutiny and money laundering allegations following the $387.5M Bitget exchange hack, raising regulatory risks for its developers and ecosystem.

Could THORChain face prosecution over stolen Bitget funds?

THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated, says crypto lawyer Yuriy Brisov.