GoPlus Security challenges THORChain's decentralization claims over DPRK-linked funds
- —GoPlus: THORChain's TSS vaults let validators jointly control outbound transfers
- —About 101.5 BTC ($8.5M) and 27.63 million XRP ($43M) from the hack flowed through THORChain
- —The Mimir mechanism requires 3+ validators to halt and 4+ to reverse a decision
- —Over $1 billion in DPRK-attributed funds has passed through the protocol since 2023
Why it matters: Regulators increasingly judge protocols by architecture rather than decentralization claims, raising risks for THORChain.
Source: Crypto Briefing