Security· ★★★★· bearish·

Bitget hack laundering generated $761,725 in fees, researcher finds

  • —Fees from moving the stolen funds totaled $761,725
  • —THORChain liquidity providers received $573,226
  • —MetaMask collected $149,417, Chainflip $26,751 and CoW EthFlow $12,332
  • —Of $259,718 in THORChain affiliate fees, $177,499 went to one address, with part reaching an OKX-labeled wallet
Why it matters: The trail shows how public DeFi services inadvertently monetize laundering of stolen funds, adding pressure on their compliance controls.
Source: crypto.news
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