CoinJoin

Four bitcoins stolen in the Bitget exchange hack have been traced moving through Wasabi, a privacy wallet known for its CoinJoin mixing service. On-chain tracking of the funds is drawing attention from security analysts, who follow hacker wallets to see whether stolen crypto can be recovered or will be laundered through mixing tools.

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.