Bitget Hacker Moves $19 Million in Bitcoin as Arkham Tracks Fresh Transfers

TLDR Arkham says the Bitget hacker moved $19.48 million in 52 transfers between Oct. 21 and Oct. 24, almost all in Bitcoin. Wallets linked to the attack sent $78.01 million to new addresses between Oct. 15 and Oct. 23. Arkham valued the hacker’s remaining labeled holdings at $242.54 million, mostly in Bitcoin. Bitget says customer balances are unaffected, its Protection Fund covers the loss, and withdrawals reopened on Oct. 2. Hacken reported $1.18 billion in crypto hack losses in the third quarter, up 55% from the second quarter. Blockchain firm Arkham says the hacker behind the Bitget breach moved $19.48 million in 52 transfers. Almost all of it was Bitcoin. The activity points to new outflows from wallets tied to the exchange’s September attack.

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