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Bitget Hack Tracing Reveals Crypto Laundering Techniques

Bitget Hack Tracing Reveals Crypto Laundering Techniques

A handful of Bitcoin tied to one of this year’s biggest exchange breaches has surfaced inside a privacy tool built to make blockchain tracing nearly impossible. According to blockchain compliance firm AMLBot, the Bitget hack tracing effort has linked roughly 4 BTC from the September theft to a Wasabi CoinJoin transaction round, offering a rare look at how stolen crypto moves through multiple chains before attackers try to erase its trail.

Key takeaways

  • AMLBot traced about 4 BTC from the Bitget hack into a Wasabi CoinJoin round, tying it back to a Bitget-linked TRON wallet.
  • The stolen assets moved from TRX to USDT, bridged to Ethereum via USDT0, swapped into roughly 145 ETH, then routed through THORChain into about 4.59 BTC.
  • AMLBot…

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