THORChain core developers warn of compliance risks, key team members are gradually withdrawing

According to TCB, the core developer of THORChain, the main developers of THORChain are about to leave, and he may also withdraw due to his failure to quickly prevent the inflow of North Korean funds. He pointed out that THORChain lacks decentralization and its main infrastructure is controlled by a few North American companies, facing regulatory compliance risks. TCB stated that ETH trading on THORChain has been suspended, and the development team is studying blocking specific wallet addresses at the Bifrost level and planning governance voting. However, some validators have quickly resumed trading after ETH was suspended, indicating serious divisions within the community. He warned that most of THORChain's current transaction traffic involves stolen funds, and if no measures are taken, it may trigger regulatory intervention at the national security level. In addition, he criticized THORChain's infrastructure design for making it difficult for validators to scale, with a much lower degree of decentralization than ETH and BTC, making it difficult to withstand regulatory attacks. Earlier today, it was reported that Bybit hackers have cleaned up over 50% of stolen ETH, mainly exchanging BTC through THORChain.