THORChain Says It Can't Block North Korean Laundering. Is That True?

THORChain's leadership says blocking North Korean laundering would require centralizing the protocol, which its community has repeatedly chosen not to do.

• Core dispute: Chad Barraford says THORChain can't censor fast enough without becoming centralized — consensus actions take 3 days to 2 weeks; Taylor Monahan says THORChain has acted before and could halt routes nearly 100% composed of stolen funds (e.g. the XRP-to-ETH route after the Bitget hack).
• Past interventions cited: THORChain paused lending for five weeks via an 'admin key' during the ThorFi incident and banned a node operator, seizing bond, after a $10M protocol hack in May — Monahan argues this proves selective action is possible.

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