Bancor - Decentralized ?

[Turbo Hammer]

Bancor - a Kenya based exchanged which is known for its establishment of smart tokens got recently hacked. Bancor was said to be a decentralized exchanged but was recently compromised by hackers and suffered a huge loss of $23 million. People say that if it was a completely decentralized exchange then it should not have lost the funds. Bancor said they were able to freeze a portion of amount in the hack which again raised the question as a decentralized exchange cannot be able to freeze the funds.

What are your thoughts on this ?

News on cointelegraph : https://cointelegraph.com/news/bancor-urges-industry-players-to-collaborate-after-23-5-million-hack