NEAR Protocol Freezes $503K of Funds Stolen in Bitget Hack
- —$503K frozen out of the $387.5M stolen from Bitget
- —Over $50M in laundering attempts blocked via NEAR Intents
- —THORChain earlier refused to block the hacker's wallets
- —The attacker swapped stolen ETH into BTC and XRP
Why it matters: Protocol-level freezes raise the cost of laundering stolen funds and could set a precedent for DeFi compliance.
Source: Coinfomania