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10/04/2026

Chainalysis AI Links $387M Bitget Hack to North Korea

What happened: Blockchain analytics firm Chainalysis attributed the $387 million September 24 Bitget hack to North Korea-linked actors.

Chainalysis AI Links $387M Bitget Hack to North Korea

What happened: Blockchain analytics firm Chainalysis attributed the $387 million September 24 Bitget hack to North Korea-linked actors. The stolen funds were moved in 23 transfers within three hours across four blockchains—Ethereum (49.7%), XRP (40.8%), Zcash (7.6%), and Tron (1.8%). Chainalysis used in-house AI tools to compress what would have been over 20 hours of manual tracing into less than 10 minutes. This incident pushed North Korea's 2026 crypto theft total above $1 billion.

Why it matters: The rapid attribution highlights the growing role of AI in forensic blockchain investigations. While the evidence is based on behavioral and laundering patterns, not direct forensic proof, the scale and speed of the hack underscore persistent vulnerabilities in centralized exchanges. The incident also adds to mounting concerns over North Korea's use of crypto theft to evade sanctions and fund state operations.

Source: Decrypt