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Bitget hack suspect shifts $19.48 million through 52 transfers

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Blockchain analytics firm Arkham reports that the hacker behind Bitget's September breach has shifted $19.48 million across 52 transfers, with most of the value moved in Bitcoin.

Outflows continue from breach-linked wallets

According to Arkham, wallets connected to the September breach at the exchange Bitget are still sending funds out. The movements amount to $19.48 million and were carried out in 52 separate transfers, the bulk of them in Bitcoin.

Arkham dates the first of these transfers to 10:02 UTC on October. The available information does not state when the most recent transfer took place.

Open questions

  • Where the moved funds are ultimately being sent?
  • Whether any of the assets have been frozen or recovered?

Key facts

  • The Bitget hacker has moved $19.48 million in 52 transfers.
  • Most of the moved value is in Bitcoin.
  • The transfers are linked to wallets tied to the September breach at Bitget.
  • Arkham dated the first of the transfers to 10:02 UTC on October.

Sources & evidence