Bitget Hack: $157M in Stolen XRP Sits in Wallets No One Can Freeze#CryptoNewss
$XRP
$WIF
$NEO
#Market_Update More than 99% of the 102.97 million XRP drained from Bitget on Sept. 24 still sits untouched in five fresh wallets, and the XRP Ledger has no switch to lock it.More than 99% of the 102.97 million XRP drained from Bitget on Sept. 24 still sits untouched in five fresh wallets, and the XRP Ledger has no switch to lock it.
#market_tips Three Payments, One Address
Bitget said attackers broke into “a critical backend system” inside its wallet infrastructure, spoofed transaction data and pushed over $350 million out of its hot and warm wallets. The biggest single slice was XRP and onchain trackers counted 102.93 million XRP worth $157.48 million, well ahead of the 31,890 ETH and roughly $75 million in stablecoins that also left.
#CryptoAnalysis" The XRP Ledger (XRPL) shows exactly how it happened:
At 19:01 UTC, a labeled Bitget Global wallet sent 2,248,871 XRP to a brand-new address beginning rwNhefsz.
#MarketAnalysis Fifteen minutes later, a second Bitget wallet sent 91,420,943 XRP to the same place.
A third transfer of 9,306,866 XRP followed.
Adding them up comes to 102,976,680 XRP, the exact number one watcher flagged that night.
Lastly, it bears mentioning that the attacker has split the pile into four wallets holding 20 million XRP each and a fifth holding 22,976,677 XRP. Each hop drew a follow-up payment of 0.00001 XRP from unrelated addresses, a spam pattern typical of address poisoning, where scammers hope someone copies the wrong wallet.
$XRP
$WIF
$NEO
#Market_Update More than 99% of the 102.97 million XRP drained from Bitget on Sept. 24 still sits untouched in five fresh wallets, and the XRP Ledger has no switch to lock it.More than 99% of the 102.97 million XRP drained from Bitget on Sept. 24 still sits untouched in five fresh wallets, and the XRP Ledger has no switch to lock it.
#market_tips Three Payments, One Address
Bitget said attackers broke into “a critical backend system” inside its wallet infrastructure, spoofed transaction data and pushed over $350 million out of its hot and warm wallets. The biggest single slice was XRP and onchain trackers counted 102.93 million XRP worth $157.48 million, well ahead of the 31,890 ETH and roughly $75 million in stablecoins that also left.
#CryptoAnalysis" The XRP Ledger (XRPL) shows exactly how it happened:
At 19:01 UTC, a labeled Bitget Global wallet sent 2,248,871 XRP to a brand-new address beginning rwNhefsz.
#MarketAnalysis Fifteen minutes later, a second Bitget wallet sent 91,420,943 XRP to the same place.
A third transfer of 9,306,866 XRP followed.
Adding them up comes to 102,976,680 XRP, the exact number one watcher flagged that night.
Lastly, it bears mentioning that the attacker has split the pile into four wallets holding 20 million XRP each and a fifth holding 22,976,677 XRP. Each hop drew a follow-up payment of 0.00001 XRP from unrelated addresses, a spam pattern typical of address poisoning, where scammers hope someone copies the wrong wallet.
