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Bitcoin

Bitget hacker just began laundering the $388 million loot

Image: Finbold

The Bitget hacker has resumed moving stolen cryptocurrency , transferring $19.48 million across 52 transactions in what may signal the start of a laundering effort involving the $388 million exchange breach. According to blockchain intelligence firm Arkham Intelligence , the transfers occurred between October 21 and October 24, with nearly all funds sent to previously unused wallets. Bitcoin ( BTC ) accounted for $19.33 million, with the remainder in Ethereum ( ETH ). Since October 15, wallets linked to the attacker have transferred approximately $78.01 million to new addresses. Transfers peaked at $23.31 million on October 15 before declining, with activity pausing on October 19.

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