October 3rd 2026, 1:00 PM
Bitget Hack Linked to North Korea, XRP and Bitcoin Theft
Key Summary
Chainalysis has attributed the $387 million Bitget theft to North Korean hackers. The firm said the attack lifts the value of crypto stolen by DPRK-linked actors this year above $1 billion. North Korean attackers reportedly used a cross-chain swap to convert stolen XRP into Bitcoin and kept the tokens away from exchanges. Drift, KelpDAO and
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Update on the Bitget Hack
Chainalysis has attributed the $387 million Bitget theft to North Korean hackers.The attack lifts the value of crypto stolen by DPRK-linked actors this year above $1 billion.
Method of Attack
North Korean attackers reportedly used a cross-chain swap to convert stolen XRP into Bitcoin and kept the tokens away from exchanges.Related Parties
Drift, KelpDAO and other entities have been linked to the DPRK hacking group.#XRP#Bitcoin#NorthKorea#Crypto#SEC