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🚨 THORChain Developer Resigns Over North Korean Hackers Controversy 🚨

🔹 A core developer of THORChain, known as “Pluto,” has stepped down after a failed attempt to block transactions linked to North Korean hackers (Lazarus Group).

🔹 THORChain validators initially halted ETH trading to prevent illicit funds from being laundered but later reversed the decision after failing to reach the required votes.

🔹 The Lazarus Group reportedly funneled $605M in stolen ETH through THORChain after the $1.5B Bybit hack. This resulted in record-breaking activity on the protocol.

🔹 THORChain’s founder argued that tracking and blocking sanctioned wallets in real time is difficult, fueling debate over decentralization vs. compliance.

🔹 Concerns rise over THORChain’s ability to withstand regulatory scrutiny due to its small validator base and governance structure.

💬 Do you think decentralized protocols should intervene in such cases? Drop your thoughts below! 👇

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