
THORChain co-founder says validators could block Bitget hack laundering, but coordination takes days
- —Barraford: two-thirds validator consensus on THORChain takes about 3 days on average, up to 2 weeks
- —Halting swaps requires a vault migration, which also needs consensus and takes 1–2 weeks
- —Bitget asked THORChain to block addresses after $387.5 million was drained
- —During the Bybit hack, some validators tried to pause ETH trading but most opposed it
Why it matters: The debate highlights how censorship resistance in decentralized protocols collides with the speed needed to stop stolen funds from being laundered.
Source: Crypto Briefing