Chainalysis Uses AI to Trace the $387M Bitget Hack to North Korea
• Chainalysis attributed the Sept 24 Bitget breach (~$387M) to North Korea-linked actors.
• Within three hours, funds left in 23 transfers across four chains: $ETH 49.7%, XRP 40.8%, Zcash 7.6%, TRON 1.8%.
• Custom automation cut 20+ hours of manual bridge reconciliation to under 10 minutes.
• The hack pushes North Korea's 2026 crypto haul past $1B. Circle and Tether froze about $318K.
AI is speeding up tracing, but recovery is still tiny next to what was stolen. Exchange security remains the weakest link.
Not investment advice. DYOR.
#Bitget
• Chainalysis attributed the Sept 24 Bitget breach (~$387M) to North Korea-linked actors.
• Within three hours, funds left in 23 transfers across four chains: $ETH 49.7%, XRP 40.8%, Zcash 7.6%, TRON 1.8%.
• Custom automation cut 20+ hours of manual bridge reconciliation to under 10 minutes.
• The hack pushes North Korea's 2026 crypto haul past $1B. Circle and Tether froze about $318K.
AI is speeding up tracing, but recovery is still tiny next to what was stolen. Exchange security remains the weakest link.
Not investment advice. DYOR.
#Bitget
