Coin Bureau|Sep 28, 2026 10:54
⚠️UPDATE: The Bitget hacker is now SWAPPING stolen ETH into BTC from the $387.5M exploit.
Lookonchain flags the attacker has started rotating ETH into BTC, suggesting the stolen funds are being moved into a harder-to-freeze asset before further laundering attempts.
This comes as Bitget resumes withdrawals in phases, adding that users will be fully covered whether the stolen funds are recovered or not.
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