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Bitget’s $357 mn crypto hack linked to North Korea, crypto theft tops $1 bn

Bitget’s $357 mn crypto hack linked to North Korea, crypto theft tops $1 bn

Elliptic, a blockchain analytics firm, said the crypto exchangeBitget attack shares characteristics with previous incidents attributed to North Korean groups. Investigators found similarities in the movement and laundering of stolen assets, along with on-chain connections to addresses associated with earlier attacks.

A $357 mn hack of Bitget was likely carried out by North Korea-linked hackers, pushing DPRK-attributed digital asset theft above $1 bn this year.

Some funds were linked to addresses connected with previous crypto thefts, including the $1.5bn Bybit attack in 2025. Elliptic said early laundering patterns and on-chain overlaps point toward TraderTraitor, a North Korea-linked group associated with previous crypto…

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