Bitget stolen funds linked to July AFX attack, Lazarus attribution unverified

  • Bitget’s reported stolen funds covered XRP, ETH, stablecoins, XAUt, BNB, AVAX and TRX, with Specter linking the XRP to the July AFX theft.
  • The holdings included 102.93 million XRP valued at approximately $157.48 million and 31,890 ETH valued at about $85.75 million.
  • Specter said cross-chain movements connected the Bitget XRP to AFX funds; the possible Lazarus Group link remains subject to further verification.

Bitget's reported stolen funds included 102.93 million XRP worth about $157.48 million and 31,890 ETH worth about $85.75 million, alongside stablecoins, XAUt, BNB, AVAX and TRX. On-chain analyst Specter said the XRP could be traced across chains to funds from the July AFX attack, in which about $24 million was stolen and which was attributed to TraderTraitor. The connection may indicate a link to Lazarus Group, described by the newer report as a North Korean hacking organization, but the attribution remains unverified.

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