Bitget hacker moves $19.48 million in 52 transfers, Arkham says

The Bitget hacker has moved $19.48 million in 52 transfers, almost entirely in Bitcoin, as Arkham tracks fresh outflows from wallets linked to the exchange’s September breach. Arkham tracked $19.48 million across 52 transfers, with Bitcoin accounting for $19.33 million. Hacker-linked wallets sent $78.01 million to new addresses between Oct. 15 and Oct. 23. Arkham valued remaining labeled holdings at $242.54 million, mostly held in Bitcoin. The latest transfers’ destinations remain unidentified, leaving potential laundering unconfirmed. Arkham put the transfers between 10:02 UTC on Oct. 21 and 02:48 UTC on Oct. 24, with Bitcoin accounting for $19.33 million and ETH making up the rest. Its thread said almost all the funds went to new addresses. The blockchain intelligence firm framed its update as a question.

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