Nearly 5,000 BTC leaves Bitget as hackers begin laundering $387 million haul

Nearly 5,000 BTC reportedly left the Bitget exchange as attackers began laundering proceeds from a cryptocurrency theft valued at approximately $387 million. The movement suggests the stolen assets are being dispersed through exchanges, wallets, or mixing services to obscure their origin and complicate recovery. The activity may increase short-term selling and liquidity risks for Bitcoin if significant amounts reach the market, while highlighting persistent security and illicit-finance vulnerabilities across crypto infrastructure.