Bitget Hack Linked to DPRK-Linked Actors After $387M Transfer
Chainalysis has linked the $387 million Bitget hack to DPRK-linked actors after attackers moved funds across four blockchains.
The firm said transfers began after the exploit and involved 23 transactions within three hours, with Ethereum carrying 49.7% of the funds and XRP accounting for 40.8%.
Chainalysis tracked hundreds of transfers as the attackers moved assets between networks using cross-chain tracking tools that reduced bridge reconciliation work from over 20 hours to under 10 minutes.
The firm said investigators used custom automation to reconstruct transactions across multiple blockchains and identified instant swaps, cross-chain messaging protocols, and laundering services.