Bitget Hacker Resumes Laundering $388M Stolen Funds
The Bitget hacker has initiated the process of laundering $388 million in stolen cryptocurrency through multiple transactions.
The Bitget hacker has initiated the process of laundering $388 million in stolen cryptocurrency through multiple transactions. JUST (JST) is trading at $0.1405, down 0.1% since this brief published. This is an original TLT brief based on reporting by Finbold, with live market data added, as of Sat, 24 Oct 2026 15:00:04 UTC.
This development highlights the ongoing challenges exchanges face in securing user funds and the difficulties in tracking and recovering stolen crypto assets.
- Bitget hacker moves $19.48M in stolen funds across 52 transactions.
- JUST (JST) token, part of the stolen assets, shows slight price resilience.
- The laundering attempt underscores crypto security and regulatory concerns.
The Bitget hacker, who stole $388 million in a recent breach, has begun laundering the stolen funds by transferring $19.48 million across 52 transactions. This development, reported by Finbold, suggests the start of a complex process to obscure the origin of the stolen assets.
The stolen funds include a variety of cryptocurrencies, with
JUST (JST) being one of the affected tokens. Despite the hack, JST has shown slight price resilience, trading at $0.140702 with a 0.52% increase over the past 24 hours.
The incident has been corroborated by Finbold, with no other outlets currently reporting on the specific transactions. However, the broader implications of the hack and the subsequent laundering attempt are significant for the crypto market.
The total crypto market cap stands at $2.77 trillion, with the overall market experiencing a downturn.
Bitcoin is down 1.51% over the past 24 hours, and the Fear & Greed Index remains at 51, indicating a neutral market sentiment.
The laundering of stolen funds is a critical issue for the crypto industry, as it underscores the challenges in securing digital assets and the difficulties in tracking and recovering stolen funds. The incident may prompt increased scrutiny and calls for stronger security measures and regulatory oversight.
Since this brief published about 1 hour ago, JUST (JST) has moved from $0.1407 to $0.1405 — -0.13%.
The chart plots JST's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 JST ≈ ₦194.32 (about $0.1405), up 0.5% over 24 hours. The naira itself trades about 4.0% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitget Hacker Resumes Laundering $388M Stolen Funds — questions & answers
How much has the Bitget hacker moved so far?
The hacker has moved $19.48 million across 52 transactions.
What is the total amount stolen from Bitget?
The total amount stolen is $388 million.
How is the market reacting to the news?
The broader market is down, with Bitcoin falling 1.51% in the last 24 hours.
How much is 1 JUST worth in naira today?
About ₦194.32 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1405. The naira price moves with both JST's US-dollar price and the USDT/NGN rate; use our JUST in naira page for any amount.
Has JUST's price moved since this brief was published?
JST is down 0.13% since this brief first published — trading at $0.1405 now versus $0.1407 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Finbold. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.