Chainalysis AI cuts $387M Bitget hack tracing to under 10 minutes

Chainalysis said its in-house AI reduced more than 20 hours of manual bridge reconciliation to under 10 minutes while investigating the $387 million Bitget hack. The breach involved 23 transfers across four chains within three hours. Chainalysis assigned 49.7% to Ethereum, 40.8% to XRP, 7.6% to Zcash and 1.8% to Tron. Investigators directed the matching and reviewed results. Chainalysis attributed the attack to North Korean actors, pushing their 2026 theft above $1 billion. Stolen XRP was swapped to Bitcoin addresses controlled by attackers.

Key points

1. Chainalysis said its in-house AI cut over 20 hours of manual bridge reconciliation to under 10 minutes.
2. The Bitget breach involved 23 transfers across four chains, with Ethereum at 49.7% and XRP at 40.8%.
3. Chainalysis attributed the attack to North Korean actors and said their 2026 crypto theft was above $1 billion.
4. Investigators directed the AI matching and reviewed results, while stolen XRP moved through cross-chain swaps to Bitcoin.
5. Bitget detected unauthorized transfers at 18:31 UTC and later restored withdrawals.

Why it matters

Price context · XRP

Sources · 3 publishers

Coverage timeline

1. Oct 2, 16:24First reported by Crypto Briefing
2. Oct 3, 08:08Confirmed by CoinGape
3. Oct 3, 12:06CryptoVideos brief published