North Korea-Linked Hacks on Crypto Near $7.8B, Bitget Loss Revised to $387.5M

The revision upward matters less than the attribution overlap: TRM Labs tracing Bitget's laundering path to prior North Korea-linked incidents, with Elliptic calling the link highly likely, points to reused infrastructure rather than a one-off. That pattern is the real signal — it suggests exchange hot and warm wallet compromises remain the durable attack surface, and that stolen funds are being consolidated into a shared laundering pipeline alongside Bybit and AFX Bridge. The open question is whether cumulative attribution to a single actor changes how exchanges and regulators treat wallet hygiene and post-breach tracing.