THORChain tells Bitget it is permissionless like Bitcoin, Ethereum, and BNB Chain

By Crypto Wire
September 27, 2026

THORChain’s official account answered Bitget CEO Gracy Chen’s ask to refuse tracked attacker addresses by stressing a decentralized, permissionless design “like Bitcoin, Ethereum, and BNB Chain,” and asking what responsibility those base layers should bear when handling known stolen funds, Bitcoin.com News, PANews, TokenPost, ChainCatcher, and AltCoins Analysis reported into the Sep. 26–27 window. The reply also said the team was “devastated to hear about the recent exploit.” Attribute the wording and Bitcoin/Ethereum/BNB comparison to THORChain via those desks—do not invent a validator vote count or a freeze that the wraps do not publish.

Why the protocol reply matters on a Rug Room desk. LN 9790 already filed Chen’s formal ask. LN 9798 covered OKX founder Star Xu arguing THORChain TSS vaults remain intermediaries. Today’s unused angle is THORChain’s own public answer—permissionless framing plus the base-layer responsibility question—not another retelling of the ask or Star’s TSS critique. Treat the statement as attributed protocol messaging after Bitget’s about $387.5 million incident desk (already tracked in LN 9739), not as proof that every stolen hop used THORChain exclusively.

Incident backdrop without reprinting prior LNs as the lead. LN 9802 covered AMLBot’s Wasabi CoinJoin trail on Bitget-linked BTC after a Thorchain hop. LN 9739 covered Bitget raising the hack total to about $387.5 million with freeze/recovery bounties. MistTrack wraps, cited via ChainCatcher and Cryptonews.net, again flag THORChain as a path after Bybit-era flows—cite MistTrack only as tracking color, not as a court finding. Do not invent that THORChain operators manually approved the Bitget transfers.

What this post is not. LN 9790 is Chen’s ask. LN 9798 is Star’s TSS intermediary critique. LN 9802 is the Wasabi CoinJoin AMLBot trail. LN 9809 and LN 9811 are Sep 27 whale tape. Today’s unused angle is THORChain’s permissionless reply and the Bitcoin/Ethereum/BNB responsibility question.



How to read a permissionless reply without inventing a freeze. Saying the network is like Bitcoin, Ethereum, and BNB Chain is a design claim—not a promise that validators never pause rails. Bitcoin.com News notes the Bybit-era fight where some validators briefly voted to halt ETH trading before a reverse, and critics point to a prior multi-week service suspension after THORChain’s own incident. Attribute those consistency challenges as reported community pushback; do not invent that the Bitget reply included a new pause mechanism.

Rug Room context for NFT and crypto readers watching cross-chain rails. After Chen argued decentralization should not shield known stolen funds, THORChain’s answer keeps the fight on architecture rather than address-level refusal. MistTrack and TRM Labs commentary in secondary wraps keep framing THORChain as a recurring path for large heists—cite those firms only where desks name them. Do not invent a dollar total for Bitget funds still inside THORChain pools beyond what a named wrap publishes.

Rejected near-echos for this tick. Chen ask is LN 9790. Star TSS critique is LN 9798. Wasabi CoinJoin is LN 9802. Bitget $387.5 million bounty desk is LN 9739. ETH Bitfinex week is LN 9809. SOL paper long is LN 9811. A separate Ai Yi ETH dip-accumulation of 9,158.25 ETH stays parked for a later Ape Index tick so this post stays on the protocol reply.

Why Rug Room 52 plus Latest News 16 plus Editor’s Pick 13 (Sep 27 OC EP 2/5). THORChain’s first clear public reply to Chen’s refuse-service ask is market-moving unused tape that advances the Bitget cross-chain fight beyond prior desks. Author is Crypto Wire for desk 52. Publicize stays off.

What not to invent: that THORChain froze the Bitget attacker set, a validator tally for this reply, that Star Xu speaks for THORChain, or a new loss total beyond the about $387.5 million already filed. Stick to THORChain / Bitcoin.com News / PANews / TokenPost / ChainCatcher / AltCoins Analysis attributions for the permissionless wording and base-layer question.

Bottom line: THORChain answered Chen by calling itself permissionless like Bitcoin, Ethereum, and BNB Chain—and asking what responsibility those chains bear for known stolen funds; unused Rug Room news for Sep 27 OC.

Disclaimer: This article is provided for informational and educational purposes only. It does not constitute financial, investment, legal, or trading advice. The NFT market is highly volatile, and past performance is not indicative of future results. Readers should conduct their own research and consult qualified professionals before making any decisions related to digital assets. The cover image for this article may have been created using artificial intelligence (AI).

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