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Hackers reportedly swapped $351.6M stolen ETH for BTC via THORChain, raising security concerns for Bitget users.

Market News
28 Sep 2026
Coincu
View Source
Bearish
Hackers reportedly swapped $351.6M stolen ETH for BTC via THORChain, raising security concerns for Bitget users.

Unconfirmed reports claim hackers converted about $351.6 million worth of stolen Ether (ETH) into Bitcoin (BTC) using THORChain, a decentralized cross-chain protocol. No transaction details or official confirmations from Bitget or THORChain are available yet, making verification difficult. This alleged swap highlights the challenges in tracking large cross-chain crypto thefts and raises concerns about the security of Bitget, a major derivatives exchange. Investigations and public disclosures of wallet addresses are awaited to confirm the incident and potentially recover funds.

The Bitget hackers' alleged swap of $351.6 million stolen ETH for BTC is presented here with Pluang's market snapshot as of Sep 28, 2026 14:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 8 rose and 41 fell today. Notable movers include UNI at Rp162.609 with a 1-day change of -9.85%, BCH at Rp5.533.606 down 9.80%, and EOS at Rp12.649 up 8.13%. The most notable figure is BCH's 9.80% decline in one day.

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