Bitget Hackers Use Complex Laundry Scheme to Move Stolen Funds

Bitget's September breach has left investigators scrambling to track down the stolen funds. According to AMLBot, the cryptocurrency compliance firm, approximately $387.5 million was taken from the exchange.

The tracing effort revealed that about 4 BTC from the hack was tied to a Wasabi CoinJoin transaction round, offering a glimpse into how attackers attempt to launder their gains. The stolen assets moved through multiple chains before reaching the CoinJoin tool, where they were split and made harder to track.

AMLBot has taken steps to flag the wallets involved in the transaction flow and continues to monitor the attacker's Bitcoin for further CoinJoin activity. While a significant portion of the stolen funds remains dormant across thirteen attacker-controlled wallets, the movement of some assets highlights the complexity of tracing cryptocurrency theft.