February 28, 2025

THORChain dev exits after failed bid to halt North Korean transactions

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A THORChain dev has backed out and a validator is threatening to follow as North Korean hackers have reportedly sent $605 million worth of crypto through the protocol.

A THORChain developer says he’s stepping away from the crypto protocol after a vote to block North Korean hacker-linked transactions was reverted — while another validator has also threatened to call it quits over the saga.

“Effectively immediately, I will no longer be contributing to THORChain,” the crosschain swap protocol’s core developer, only known as “Pluto,” wrote in a Feb. 27 X post. 

Pluto said they would remain available “as long as I am needed and to ensure an orderly hand-off of my responsibilities.”

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