Binance Square
#bitgethac

bitgethac

8,780 views
3 Discussing
Shae Cassler Sw9r
·
--
#bitgethackerfailstomovestolenfunds BITGET HACKER STOLE $388M… THEN HIT A WALL! 🧱👀 Nearly $388M was moved to attacker-controlled addresses after the Bitget security incident. But now something very different is happening… The hacker is trying to move the stolen funds — and the crypto infrastructure is starting to push back. 👀 One recent attempt involving roughly 100 SOL through Chainflip was rejected by the broker, sending the funds back to the originating wallet. And that may be the part traders are missing. The story is no longer simply: Hack → Stolen Funds → Hacker Runs It’s becoming: Stolen Funds → On-chain Tracking → Detection → Blocks & Rejections Bitget says the incident affected approximately $387.5M, while its investigation and recovery efforts continue. The exchange has also begun restoring withdrawals in phases after containing the incident. But here’s the bigger question: Can stolen crypto actually be moved freely once the entire ecosystem is watching the wallets? 👀 That’s where things get interesting. The hacker may control the wallets… But moving the money is a completely different problem. Every swap, bridge, deposit and transfer can create another trace. And if more platforms begin rejecting or freezing suspicious flows, the value of those stolen assets could become increasingly difficult to realize. So the real story may not be the $388M that was stolen. It may be what happens to those funds after everyone starts watching. 🔥 $388M stolen. 🔒 Some movement attempts blocked. 👀 The wallets are being watched. So what happens next? Can the hacker actually move the remaining funds… or has the crypto ecosystem already built a wall around them? 🧱 $BTC {spot}(BTCUSDT) $SOL {spot}(SOLUSDT) $BNB {spot}(BNBUSDT) #Bitget #BitgetHac #CryptoSecurity #Blockchain
#bitgethackerfailstomovestolenfunds
BITGET HACKER STOLE $388M… THEN HIT A WALL! 🧱👀
Nearly $388M was moved to attacker-controlled addresses after the Bitget security incident.
But now something very different is happening…
The hacker is trying to move the stolen funds — and the crypto infrastructure is starting to push back. 👀
One recent attempt involving roughly 100 SOL through Chainflip was rejected by the broker, sending the funds back to the originating wallet.
And that may be the part traders are missing.
The story is no longer simply:
Hack → Stolen Funds → Hacker Runs
It’s becoming:
Stolen Funds → On-chain Tracking → Detection → Blocks & Rejections
Bitget says the incident affected approximately $387.5M, while its investigation and recovery efforts continue. The exchange has also begun restoring withdrawals in phases after containing the incident.
But here’s the bigger question:
Can stolen crypto actually be moved freely once the entire ecosystem is watching the wallets? 👀
That’s where things get interesting.
The hacker may control the wallets…
But moving the money is a completely different problem.
Every swap, bridge, deposit and transfer can create another trace.
And if more platforms begin rejecting or freezing suspicious flows, the value of those stolen assets could become increasingly difficult to realize.
So the real story may not be the $388M that was stolen.
It may be what happens to those funds after everyone starts watching.
🔥 $388M stolen.
🔒 Some movement attempts blocked.
👀 The wallets are being watched.
So what happens next?
Can the hacker actually move the remaining funds… or has the crypto ecosystem already built a wall around them? 🧱
$BTC
$SOL
$BNB
#Bitget #BitgetHac #CryptoSecurity #Blockchain
206 Atlas:
Tracking stolen funds is useful, but it doesn't change market dynamics or create a tradeable edge for retail traders.
#bitgethackerfailstomovestolenfunds Bitget hack: stole $388 million… then crashed into a wall! 🧱👀 Nearly $388 million was moved to addresses controlled by the attacker after a security incident at Bitget. But now something completely different is happening… The hacker is trying to move the stolen funds — and the crypto infrastructure has started to push back. 👀 One recent attempt involving nearly 100 SOL via Chainflip through a broker was rejected, and the funds were returned to the originating wallet. This may be the part traders have been missing. This isn’t just a simple story anymore: HACK → stolen funds → hacker flees It’s become: stolen funds → tracked on-chain → discovered → blocked & rejected Bitget says the incident affected about $387.5 million, while investigations and recovery efforts are still ongoing. The exchange has also begun restoring withdrawals in stages after containing the incident. But the biggest question here: Can stolen crypto really be moved freely once the entire system is monitoring the wallets? 👀 That’s where things get interesting. The hacker might be controlling the wallets… but moving the funds is a whole different problem. Every swap, bridge, deposit, and transfer can create another trail. Please follow up 🧱$BTC $SOL $BNB #Bitget #BitgetHac #CryptoSecurity #Blockchain
#bitgethackerfailstomovestolenfunds
Bitget hack: stole $388 million… then crashed into a wall! 🧱👀
Nearly $388 million was moved to addresses controlled by the attacker after a security incident at Bitget.
But now something completely different is happening…
The hacker is trying to move the stolen funds — and the crypto infrastructure has started to push back. 👀
One recent attempt involving nearly 100 SOL via Chainflip through a broker was rejected, and the funds were returned to the originating wallet.
This may be the part traders have been missing.
This isn’t just a simple story anymore:
HACK → stolen funds → hacker flees
It’s become:
stolen funds → tracked on-chain → discovered → blocked & rejected
Bitget says the incident affected about $387.5 million, while investigations and recovery efforts are still ongoing. The exchange has also begun restoring withdrawals in stages after containing the incident.
But the biggest question here:
Can stolen crypto really be moved freely once the entire system is monitoring the wallets? 👀
That’s where things get interesting.
The hacker might be controlling the wallets…
but moving the funds is a whole different problem.
Every swap, bridge, deposit, and transfer can create another trail.

Please follow up

🧱$BTC
$SOL
$BNB
#Bitget #BitgetHac #CryptoSecurity #Blockchain
206 Atlas:
Chainflip blocking the transfer proves blacklists are effective. If they can't move funds, the hack is contained and recovery odds improve significantly.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number