The crisis faced by THORChain as a key developer, Pluto, steps down amid a controversy involving North Korean-linked transactions. The network's validators initially voted to block these transactions, but the decision was quickly overturned, raising concerns about the platform's governance and resilience to regulatory challenges.
Pluto's resignation has prompted other validators to consider stepping back, highlighting the platform's vulnerability to centralized influence. The situation has brought increased scrutiny from both validators and external authorities, emphasizing the need for robust governance and security measures.
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