THORChain co-founder Chad Barraford said he will ask the protocol’s Treasury about sending part of what its developer fund earned from the Bitget hack back to the exchange. “I’ll take that up with the Treasury and have a conversation about that idea,” Barraford said on Unchained on Monday, in a debate with security expert Taylor Monahan, who also co-hosts Unchained’s Uneasy Money podcast.
The Treasury could take “some percentage of the income” that the developer fund “actually has control over” and send it to Bitget, he said on the show. He said he hadn’t looked at what the fund receives in a while.
Attackers took $387.5 million from Bitget on Sept. 24 and routed stolen funds through THORChain into bitcoin….






