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Mmastodon BusinessCrypto first seen 3 h ago, last 12 min ago, peak #2

Bitget hacker launders $350 million via THORChain

Original: 🐋 Whales & Hacker-Aktivität: • Bitget-Hacker wäscht gestohlene 350M$ via THORChain. • Institutionelle Akteure wie Strive

The hacker behind the Bitget breach is moving and laundering around $350 million in stolen funds through THORChain, according to crypto market observers. At the same time, institutional buyers such as Strive and MicroStrategy are reported to be continuing their Bitcoin purchases, undeterred by recent price volatility, highlighting a split between criminal outflows and steady institutional accumulation.

Why now: A large-scale hack laundering operation coinciding with continued institutional Bitcoin buying is drawing attention in crypto circles.

BitgetTHORChainMicroStrategyStriveBitcoin

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Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 12 min ago.

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