Security· ★★★· bearish·

SlowMist: North Korean hackers launder Bitget stolen funds via Cow Protocol and Chainflip

  • —SlowMist TrackAgent traced cross-chain laundering via Cow Protocol and Chainflip
  • —Automated scripts create Cow orders with Chainflip Deposit contracts as recipients
  • —Stolen Bitget funds are converted to BTC after cross-chain transfer
Why it matters: The scheme shows how hackers combine DeFi protocols to bypass blocklists and launder stolen funds, complicating tracing and recovery efforts.
#BTC
Source: PANews
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