Ethereum
Bitget Attacker Converted $75.48M Into ETH and Avalanche (AVAX) Within 41 Minutes
COINOTAG·October 2, 2026·1 min read
The Bitget attacker converted $75.48 million in stolen stablecoins into ETH and Avalanche (AVAX) within 41 minutes; about $342 million remains unfrozen. The rapid conversion complicates recovery efforts, as authorities and exchanges race to freeze remaining funds and trace the laundered assets across chains.
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