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Bitget Hack-Linked Ether Is Being Swapped for Bitcoin Through THORChain
The stolen assets involved in the movement are valued at $351.6 million, with Ether being exchanged for Bitcoin through the cross-chain protocol.
Mentioned assets
Ether (ETH) linked to the Bitget hack is being exchanged for Bitcoin (BTC) through THORChain, moving part of the stolen assets into another cryptocurrency on Sept. 28.
The assets involved are valued at $351.6 million. The transactions show the funds moving from ETH into BTC through the cross-chain protocol.
The swap is an active on-chain movement of assets connected to the Bitget hack.
