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CoinJoin
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- 1
Four bitcoins stolen in the Bitget exchange hack have been traced moving through Wasabi CoinJoin, a privacy wallet used to mix coins and obscure transaction trails. Blockchain analysts tracking the stolen funds flagged the transfers, showing the hackers are attempting to launder proceeds through coin-mixing services. The development keeps attention on Bitget's security breach and on exchanges' efforts to freeze or recover stolen crypto.
- 2Bitget Hack Funds Moved Through CoinJoin Service●About 4 Bitcoin Linked to Bitget Hack Moved to CoinJoin Service
Roughly 4 Bitcoin tied to the Bitget exchange hack has been moved into a CoinJoin service, a privacy tool that mixes coins to obscure transaction trails. The transfer suggests those responsible are attempting to launder stolen funds, though the amount is small relative to the total stolen in the hack. Analysts typically monitor such movements closely for clues about the attackers' cash-out plans.