Chainalysis: Part of Stolen Bitget XRP Converted to Bitcoin
- —$387 million left Bitget in 23 transfers within the first three hours
- —Asset split: Ethereum 49.7%, XRP 40.8%, Zcash 7.6%, Tron 1.8%
- —Part of the stolen XRP was swapped into Bitcoin in about 36 hours
- —North Korea-linked crypto thefts in 2026 surpassed $1 billion
Why it matters: The XRP-to-BTC conversion route shows how traced assets move into less transparent networks, complicating recovery efforts.
Source: Koin Bülteni