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Chainalysis Pins $387M Bitget Theft on North Korea After XRP-to-Bitcoin Swap

COINOTAG·October 3, 2026·1 min read
Chainalysis Pins $387M Bitget Theft on North Korea After XRP-to-Bitcoin Swap

Chainalysis attributes the $387 million Bitget theft to North Korean actors, tracing stolen XRP through cross-chain swaps into Bitcoin across 4 chains. The attribution highlights the sophistication of the attack and the use of cross-chain techniques to launder funds, marking a significant cybersecurity incident in the crypto space.

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