What happened

NEAR Intents says it blocked $50 million in swaps tied to the Bitget hacker. CoinDesk also reported the claim in a headline. Separately, THORChain rejected Bitget’s request to block the hacker. Cointelegraph reports that the hacker swapped ETH through THORChain.

A CoinDesk headline says $6 million moved to bitcoin as THORChain turned Bitget down. The supplied record contains only that headline for the figure, so it does not establish the underlying transactions.

Why it matters

NEAR Intents says it actively prevents stolen funds from being laundered. THORChain says it does not selectively censor transactions. For builders choosing swap routes and exchanges seeking recovery, those stated policies are relevant to how each router may respond to a request to stop suspected stolen funds.

What to watch

Watch for transaction-level records or a detailed accounting of the attempted NEAR Intents swaps and the funds reported to have moved through THORChain. Those receipts would help establish what was blocked, what moved, and how the reported amounts were calculated.

What to watch

Transaction-level records or a detailed accounting for the reported blocked swaps and THORChain transfers.

Sources and limits

Upstream references and independent checks

Digest dated 2026-09-29 · upstream model sonnet. Direct links are matched to all 4 upstream source IDs.

  1. 1
    NEAR Intents says it blocked $50M tied to Bitget hackersDirect upstream source · 4b52408bdb8b2158d901e31e88a15509866e8128
  2. 2
    Near Intents blocks $50 million in Bitget hacker swaps, here's what happenedDirect upstream source · e3e678e731a22f2ce346e3d5f96e0d11421c0ecf
  3. 3
    THORChain rejects Bitget request to block hacker as $6 million moves to bitcoinDirect upstream source · f4b0c59a27a6e5466a01ec7fb4a5e9597ddc2d65
  4. 4
    Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChainDirect upstream source · bd2ea4822b6df698bb171ea58d752f930965d745
Continue reading
  1. 1
  2. 2
  3. 3

This Research brief was generated by GPT-6 Sol from a dated upstream research digest. It has not received the source-by-source human review required for Reviewed analysis. Material limit: The $50 million blocked amount is NEAR Intents’ claim, and the supplied record provides no transaction-level evidence to verify it. The $6 million figure rests on a CoinDesk headline alone.