Geopolitics Alpha

Could THORChain face prosecution over stolen Bitget funds?

Published . Updated .

THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated, says crypto lawyer Yuriy Brisov.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • TUR ISHARES INC

    GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • SLV ISHARES SILVER TR

    GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • QID PROSHARES TR

    GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • XLI SELECT SECTOR SPDR TR

    GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
TUR———————
SLV———————
QID———————
XLI———————

THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated, says crypto lawyer Yuriy Brisov.

Source: Cointelegraph

Ishares (TUR) since this story, compared with the market

Since the first closing price after “Could THORChain face prosecution over stolen Bitget funds?,” Ishares (TUR) is -7.55%. The S&P 500 fund (SPY) is +0.33% over the same days, a -7.88% difference versus the market.

TUR
SPY

Who is named in “Could THORChain face prosecution over stolen Bitget funds?”

Companies mentioned with this story

  • TUR Ishares

    For “Could THORChain face prosecution over stolen Bitget funds?,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • SLV iShares Silver Trust

    iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “Could THORChain face prosecution over stolen Bitget funds?.” Reason on file: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • QID Proshares Tr

    For “Could THORChain face prosecution over stolen Bitget funds?,” Proshares Tr (QID) is linked, with no stored direction, medium confidence. Reason on file: GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • XLI Select Sector Spdr Tr

    In “Could THORChain face prosecution over stolen Bitget funds?,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FXI Ishares China Large-Cap Etf

    Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “Could THORChain face prosecution over stolen Bitget funds?.” Reason on file: GA selected FXI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • SPTE Sp Funds S&P Global Technology Etf

    Sp Funds S&P Global Technology Etf (SPTE) is linked, with no stored direction, medium confidence in the 30 Sep 2026 story “Could THORChain face prosecution over stolen Bitget funds?.” Reason on file: GA selected SPTE as a RELATED security because its canonical security name directly matches this event's themes: funds. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How “Could THORChain face prosecution over stolen Bitget funds?” reaches Ishares (TUR)

On 30 Sep 2026, “Could THORChain face prosecution over stolen Bitget funds?” is the story that connects Ishares (TUR) to this story.

Ishares (TUR) is on the page because GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

iShares Silver Trust (SLV) is here too. Its reason reads: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the Ishares (TUR) price range

QID traded between 12.41 and 14.82 across 12 sessions. The latest close on file is 14.00. SLV traded between 50.01 and 61.00 across 20 sessions. The latest close on file is 51.52. TUR traded between 31.78 and 37.86 across 20 sessions. The latest close on file is 31.79.

How solid “Could THORChain face prosecution over stolen Bitget funds?” looks

46 out of 100

“Could THORChain face prosecution over stolen Bitget funds?” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.