---
title: "THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford"
url: https://thecoingazette.com/thorchain-refused-to-block-the-387m-bitget-hacker-heres-why-chad-barraford/
date: 2026-11-03
modified: 2026-11-03
lang: en
author: "Coin Gazette Editorial"
description: "Bitget lost $387.5 million in a hack and asked THORChain to block the attacker’s addresses. THORChain said no. Weeks later, Tether froze four THORChain vaults on Tron holding 1.45 million USDT, then unfroze them three hours later. And in May, THORChain itself lost $10.7 million to a GG20 flaw and"
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 57
---

# THORChain Refused to Block the $387M Bitget Hacker. Here’s Why | Chad Barraford

Bitget lost $387.5 million in a hack and asked THORChain to block the attacker’s addresses. THORChain said no. Weeks later, Tether froze four THORChain vaults on Tron holding 1.45 million USDT, then unfroze them three hours later. And in May, THORChain itself lost $10.7 million to a GG20 flaw and... Read the full story at The Defiant