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ZachXBT Says Bitget Hack Funds Are Moving Through Cross-Chain Bridges and Wasabi

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Qadir AK

Blockchain investigator ZachXBT said funds from the $387.5 million Bitget hack are being moved across chains and into mixing services including Wasabi. He alleged Chinese illicit actors are laundering the funds on behalf of suspected North Korean attackers and seeking order support through Discord and Telegram channels. ZachXBT also linked an operator known as “Alias 4” to the $292 million KelpDAO exploit earlier this year. He said similar patterns appeared in other TraderTraitor-attributed attacks and plans to release more data in the coming weeks.

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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