🕵️ Hacked coins on the move – Tuesday, 29 September 2026
**Bitget trail links to April's Kelp DAO hack**
Investigators tied a laundering account nicknamed "lolo" (Telegram alias "Marin") to both the Bitget theft and April's $292 million Kelp DAO exploit, reinforcing the TraderTraitor/North Korea pattern seen in the Bybit and DMM cases. Circle and Tether have frozen about $318,000 in USDC/USDT tied to the case; Bitget is offering a 5% bounty for recovered funds.
Previously:

The Cryptonomist
Bitget Hack Investigation Uncovers Laundering Trail, North Korean Links
Bitget hack investigation reveals how stolen funds were laundered and North Korea's likely role in one of 2026's largest crypto breaches.