ZachXBT Says $387 Million Stolen From Bitget Is Being Routed Through Mixers
The funds are moving through cross-chain bridges and mixer services, while an operator known as Alias 4 is tied to earlier laundering activity.
ZachXBT linked the laundering of $387 million stolen from Bitget to intermediaries allegedly working for suspected North Korean hackers, saying the funds are being routed through mixers and cross-chain bridges.
The blockchain investigator said one laundering operator, identified as Alias 4, is publicly seeking support through Discord servers and Telegram channels used by the service. The funds are being moved across chains and deposited into mixer services, including Wasabi, to obscure their trail.
ZachXBT also connected Alias 4 to the laundering of $292 million stolen from Kelp DAO earlier this year. He said the same pattern has appeared after multiple attacks attributed to TraderTraitor, a name associated with suspected North Korean cyber activity.
ZachXBT plans to release additional data in the coming weeks.
