The debate over THORChain’s responsibility for stolen funds

THORChain expressed sympathy over a recent exploit and asked what responsibility Bitcoin, Ethereum and BNB Chain should bear for known stolen funds, describing itself as similarly decentralized and permissionless. A critic accused THORChain of facilitating money laundering while collecting fees. Citing its Mimir emergency controls, the critic also claimed THORChain halted trading after a May 2026 attack on its own funds—and argued that intervening then, but not for other victims, amounted to a double standard.