NEAR Defends Blocking Bitget Hack Funds, Says Permissionless ‘Doesn’t Mean Neutral’
NEAR Intents blocked $503,000 of Bitget hack funds, citing risk‑intelligence, while THORChain refused a similar request.
After a Bitget hack that moved over $50 million, NEAR Intents’ SHIELD layer halted a $503,000 transaction and froze $166,000, prompting debate over permissionless chains and anti‑laundering.
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NEAR’s defense against hack funds is concrete security incident coverage with verifiable actions.