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Oct 2, 2026

Chainalysis links $387 million Bitget hack to North Korea

Chainalysis has attributed most of the XRP stolen in the September 24 Bitget exchange hack to North Korea, pushing North Korea-linked crypto thefts above $1 billion in 2026. Stolen funds were swapped through THORChain.

Oct 2, 2026·3 sources

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Top claims

▪Chainalysis used in-house artificial intelligence and automation tools to trace the stolen Bitget funds across multiple blockchains following the September 24, 2026 Bitget hack
▪The Bitget security breach on September 24, 2026, which is the largest reported cryptocurrency exchange hack of 2026, initially estimated losses at $351.6 million before revising the figure to $387.5 million
▪Blockchain analytics firms Chainalysis, TRM Labs, and Elliptic attributed the September 24, 2026 $387.5 million Bitget hack to North Korean state-linked cyber actors

Topics

Crypto exchanges Crypto hacks

Related entities

North Korea Xrp