Signal
Bitget restores withdrawals as THORChain rejects request to block hacker
Evidence first: scan the strongest sources, then decide whether to go deeper.
Published 2026-09-28 08:41 UTCUpdated 2026-09-28 13:37 UTC
rsstelegram
cryptoexchangehackcross_chainon_chainbitcoin
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Evidence trail (top sources)
top sources (3 domains)domains are deduped. counts indicate coverage, not truth.3 top sources shown
Overview
Following Bitget’s security incident, the exchange has begun restoring withdrawals while the alleged attacker continues moving ETH through THORChain into BTC. Bitget asked THORChain to block addresses linked to the theft, but THORChain rejected selective intervention, highlighting the tension between exchange recovery efforts and cross-chain network neutrality.
Entities
BitgetTHORChainBTCETHUSDt
Why now
- Bitget has started restoring BTC withdrawals, with ETH and USDt services expected to return afterward.
- THORChain’s refusal to selectively block addresses keeps the exchange-versus-network-control dispute active.
Why it matters
- The incident links exchange withdrawal controls with the ability of cross-chain infrastructure to restrict suspected stolen funds.
- The reported swaps show the alleged attacker continuing to convert assets while Bitget works to restore services.
Evidence assessment
Recurring claims
- Bitget has begun restoring withdrawals after the security incident, with BTC withdrawals returning first and ETH and USDt services scheduled to follow.
- About 2,390 ETH was moved through 27 successful swaps into approximately 75.2 BTC while Bitget sought restrictions on addresses tied to the theft.
- THORChain rejected Bitget’s request to block the linked addresses, distinguishing network protection from selectively freezing a user’s swap.
How sources frame it
- Bitget: supportive
- THORChain: questioning
Bitget’s withdrawal restoration coincides with an unresolved dispute over whether THORChain should restrict swaps linked to the breach.
All evidence
All evidence
CoinDesk report on THORChain and fund movements
coindesk.com · coindesk.com · 2026-09-28 12:13 UTC
Cointelegraph report on withdrawal restoration
cointelegraph.com · cointelegraph.com · 2026-09-28 11:05 UTC
Crypto.News analysis of cross-chain compliance
crypto.news · crypto.news · 2026-09-28 13:37 UTC
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Evidence items loaded: 0Publishers: 3Origin domains: 3Duplicates: -
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