Bitget Hacker Swaps Stolen Assets as THORChain Rejects Blocking Request
Bitget's (@bitget) hacker is swapping stolen ETH for BTC through THORChain following the $387.5 million breach, per Lookonchain.
Bitget CEO Gracy Chen had urged THORChain to block addresses linked to the attacker.
THORChain rejected the request, saying its network does not selectively freeze addresses or individual swaps.
The protocol said its halt mechanism is designed to protect the network as a whole. THORChain also cited its own May exploit, when attacker addresses were not blacklisted.
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🚨 JUST IN: Bitget was reportedly hacked for ~$351.6M.
The attacker has already swapped most stolen EVM funds into 67,982 $ETH, worth ~$183M.
Stay alert and watch your funds.
🚨منصة Bitget تتعرض لاختراق ضخم وأكثر من $300 مليون خرجت من محافظ مرتبطة بالمنصة
المشهد على السلسلة مقلق جدا
عنوان جديد سحب عملات من محافظ تحمل اسم Bitget من بينها:
ETH AVAX BNB USDT USDC XAUT
والأغرب المهاجم بدأ تحويل جزء كبير من العملات المسروقة إلى عملة الايثريوم ثم نقل الأموال عبر عدة شبكات وجسور
حتى الآن تفاصيل طريقة الاختراق وتأثيره على أرصدة المستخدمين لم تكن مؤكدة بشكل كامل وقت نشر التقارير
لكن هذه الحادثة تذكر السوق بقاعدة قديمة:
Not your keys, not your coins 🔐
هل ستتمكن Bitget من احتواء الحادثة قبل أن تتحول التدفقات الخارجة إلى أزمة أكبر
🚨 Bitget is reportedly being drained right now.
Four Bitget-labeled wallets are all sending to one fresh address.
Three hot. One cold.
The cold wallet is the part nobody can explain yet.
What is verified on-chain ✅
→ Four Bitget-labeled sources, one destination
→ ETH, USDT, USDT0, USDC, AVAX, BNB, XAUT
→ 19.67M USDT0 swapped to 7,111 ETH in six minutes
→ Fills up to 5% over spot
Users are reporting blocked withdrawals.
What is not ❌
→ Cold wallet compromise.
→ ~$60M left, hundreds of millions stayed.
(Nobody with the keys leaves that.)
→ Full infrastructure breach. The BTC leg was $423K.
→ North Korea. Attribution takes days.
Withdrawals reportedly blocked. Bitget silent.
Bybit lost $1.4B and their CEO was live within the hour.
Bitget has reportedly lost $183M and nobody has said a word. (yet)
⚠️ Bitget CEO Links $352M Breach to North Korean Hackers
Bitget CEO Gracy Chen stated that North Korean hackers may be responsible for the exchange's $352M breach.
This conclusion is based on IP addresses associated with VPNs used by a group linked to the DPRK.
Further investigation is ongoing to confirm these allegations.
📰 Telegram: UnbiasedCryptoNews
BREAKING: BITGET USERS REPORT WITHDRAWAL ISSUES
Users are reporting blocked withdrawals on Bitget, while on-chain data shows more than $100M in assets moving from a Bitget cold wallet. Something unusual appears to be happening at Bitget.
ALERT: 🚨 Bitget potentially hacked
Bitget wallets just sent $180M across multiple chains to a single destination:
0x770b10b273fC44Fe9197D6bF20F145c2e98463Ee
Which then further dispersed to:
0x469Ac1406dE92f82C0563477240a3627057425DC
0xe410a2E5710Ee787bcaa63f52A3943ff71F0d946
0xD2C2f029eFF5caCc686F24377CfdDcfc82d9F899
0x7c96279Ec1e888Aa56b9B836e0dB26ca48573E1C
0x94A43df7687A8494948Be937400e9d5D33135DA0
0xA6dD3F218B65E32Ccc37BE30f74884133c655545
🚨 BITGET TERKENA HACK .
Sebesar 351$M USD / Rp.5,59 T , ini merupakan top 5 serangan crypto terbesar.
coba cek saldo kalian , btw katanya untuk sementara wd di tutup
🚨 @bitget appears to be hacked as hot and cold wallets are being drained. Over $170 million transfered in the last 50 minutes ⚠️
User are reportedly unable to move funds.
Bitget is getting hacked.
More than 350M have been stolen already.
The hacker is swapping the funds for ETH
This may be the black swan of this cycle if everyone starts to panic
☠️ Another day another big exploit
💰Size of exploit - $351.6M
🪦CEX @bitget
🚨Hot wallet incident
🔐Cold wallets remain secure
💰Bitget says user funds are protected by its $464M+ User Protection Fund
⛔Withdrawals temporarily paused
🔎Investigation underway
💙Like
🔁RT
🚨 BITGET HACKED FOR OVER $200 Millions. 💥
The attacker is reportedly swapping stolen ETH, AVAX, BNB, USDT, USDC & other tokens into ETH as massive outflows continue.
Not your keys, not your coins. 💔
IF CONFIRMED, A $500M+ BITGET HACK WOULD BE A MAJOR EXCHANGE BREACH.
BITGET HANDLES AROUND $1 BILLION IN DAILY SPOT TRADING.
NORTH KOREAN HACKERS WERE BEHIND THE $1.5 BILLION BYBIT THEFT.
🚨 BITGET HACKED FOR NEARLY $200 MILLION
An attacker broke into three hot wallets and one cold wallet, swapping everything into ETH within minutes, some of it at 5% above market price. Those wallets still hold $530 million.
No official statement from Bitget yet.