According to Decrypt, Chainalysis used its internal artificial intelligence tools to trace the September 24 breach of the Bitget exchange back to actors linked to North Korea. The firm identified the theft of approximately $387 million through analysis spanning four blockchains, attempting to follow the movement of the stolen assets before the perpetrators could move them further.
Chainalysis stated that tracing the funds via AI allowed investigators to map the route of the stolen cryptocurrency across multiple networks in real time. The successful tracking occurred during an active effort to intercept the flow of the money while the attackers remained operational.
The identification connects the Bitget hack to North Korea’s overall crypto accumulation, which Chainalysis indicates now exceeds $1 billion as of 2026 projections based on available data up to that point. This figure reflects accumulated holdings inferred from observed illicit transactions and affiliated activity over time, not a confirmed total at present.
