Bitget hacker moves $19.48 million in 52 transfers, Arkham says

The Bitget hacker has moved $19.48 million in 52 transfers, almost entirely in Bitcoin, as Arkham tracks fresh outflows from wallets linked to the exchange’s September breach. Summary Arkham tracked $19.48 million across 52 transfers, with Bitcoin accounting for $19.33 million. Hacker-linked wallets sent $78.01 million to new addresses between Oct. 15 and Oct. 23. Arkham valued remaining labeled holdings at $242.54 million, mostly held in Bitcoin. The latest transfers’ destinations remain unidentified, leaving potential laundering unconfirmed. Arkham put the transfers between 10:02 UTC on Oct. 21 and 02:48 UTC on Oct. 24, with Bitcoin accounting for $19.33 million and ETH making up the rest. Its thread said almost all the funds went to new addresses. The blockchain intelligence firm framed its update as a question. “Is the Bitget Hacker laundering the stolen funds?” Arkham’s posts do not name an exchange, mixer, or over-the-counter desk receiving the latest transfers. The update documents money leaving labeled wallets, without establishing whether those assets were sold, cashed out, or recovered. Bitget hacker movements total $78 million since Oct. 15 Across a longer reporting wind...