Bitget attacker tested risk controls with small transfers before $388M theft, CEO says
- —Attacker made two small test transfers 30 minutes before the main attack
- —Total stolen funds reached $388 million
- —The tests let the attacker probe the exchange's risk controls
Why it matters: Details of the Bitget exploit matter for assessing exchange vulnerabilities and the subsequent laundering of funds via THORChain.
Source: The Block