CoinScoopSlowMist: North Korean Hackers Use CoW Protocol and Chainflip to Launder Bitget Stolen Funds
According to SlowMist founder Yu Xian, North Korean hackers are utilizing a combination of CoW Protocol and Chainflip to automate the cross-chain laundering of funds stolen from Bitget. The hackers use automated scripts to execute trades on CoW Protocol, routing the proceeds directly to Chainflip deposit addresses to convert the assets into Bitcoin (BTC).
Summaries are written by AI from the original article. Not investment advice.