BREAKING: Chinese illicit actors laundering funds from the $387M Bitget exploit on behalf of the alleged DPRK attackers are openly asking for support with orders in public Discord servers and Telegram channels of services they use.
Notably, Alias 4 (below) was also seen
I'm submitting this to the bounty program keep an eye out for the update.
Lets make sure the hackers loose this time
trace.bgblockchain.xyz/report@bitget
🚨 BITGET HACK UPDATE 🚨
Tracked a cluster of new Tron wallets receiving stolen funds from the Bitget hack. ~$17M USDT sitting idle right now.
These addresses are NOT on Bitget's official tracker yet.
Both are currently sitting idle on-chain. This is a massive opportunity to freeze these exits.
I have submitted the Report/bounty trace.bgblockchain.xyz/report@bitget@bitgetSupport
A liquidator pays off your $7k debt instantly. In return, they seize your BTC at a discount (the liquidation bonus).
You keep the cash, but you lose your Bitcoin (and the bonus).
You deposit $10k BTC, borrow $7k USDC.
BTC drops 20% → Your collateral is now worth $8k.
You haven't "lost" yet, but you're now below the Liquidation Threshold.
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