Bitget Attacker Converts $183 Million in Stolen Funds to Ether
Key Facts
The attacker behind the Bitget exploit converted $183 million worth of assets into 67,982 ETH. TokenPost reported that the exploiter swapped various EVM-chain assets into Ether, consolidating a significant portion of the stolen value into a single address controlled by the attacker.
Total assets drained from wallets linked to the Bitget platform are estimated at approximately $351.6 million. The movement of funds into ETH increases potential sell-side pressure and ensures continued on-chain monitoring of the breached capital.
Latest Updates · 1
- Notable·
Update: On-chain tracking has revealed a potential link between the Bitget attacker and a previous $24 million hack of the AFX platform that occurred last July. The forensic data suggests that the same entity may be responsible for both exploits, highlighting a recurring pattern of activity linked to the consolidated funds.