Bitget hacker moves $78.6M in Bitcoin, routing 80% through CoinJoin
AI summary
The hacker behind the Bitget exploit moved $78.61 million in Bitcoin out of labeled wallets over six days, according to Arkham, with roughly 80% routed through CoinJoin transactions. Arkham traced $63.43 million of that total into the mixing activity. The laundering makes recovery of stolen funds harder and keeps a large overhang of tainted BTC in circulation, a reminder of exchange security and tracing risk for traders.
