thorchain faces scrutiny over bitget hack laundering

By Michael FawnTHORChain, a decentralized cross-chain liquidity protocol, is facing significant backlash after stolen funds from a major security incident at cryptocurrency exchange Bitget were reportedly laundered through its platform. The incident, which saw Bitget lose over $387 million on September 25, 2026, has intensified a long-standing debate over the responsibilities of decentralized finance (DeFi) protocols in preventing illicit financial activities, particularly concerning the THORCha