ZachXBT Identifies Chinese Intermediaries Suspected of Helping Launder Bitget Hack Funds

On-chain investigator ZachXBT said Chinese intermediaries are laundering funds from Bitget's $388 million hack on behalf of suspected North Korean attackers, publicly asking for help on Discord and Telegram when their XRP-to-bitcoin swaps got stuck on THORChain. He named five aliases and said one had previously laundered funds from Kelp DAO's $292 million exploit. Bitget estimated its loss at $351.6-$387.5 million.