Have bridges become the new “mixers”?SUPERFORTUNE. Humanity Protocol. Kelp DAO. Bybit.
In each of these cases, BitOK analysts found bridges appearing after the hack, as the stolen funds began moving on-chain.
Bridges allow assets to move between networks, adding swaps and intermediary addresses along the way.
Why bridges?Mixers make funds harder to trace by mixing transaction flows. Bridges work differently: they move assets between blockchains, allowing the flow of funds to continue on another network.
A route can end up looking like this: hack → new address → bridge → another network → swap → another bridge → BTC
In the SUPERFORTUNE case, the stolen funds moved through a series of bridges before ending up across three wallets.
Following the Humanity Protocol and Kelp DAO hacks, the funds also moved through bridges and swaps before being converted into BTC. They eventually converged in a cluster that had previously received assets linked to the Bybit Hack.
But bridges don’t make “dirty” crypto cleanMoving funds to another network doesn’t erase their history. Links to a hack or stolen funds don’t disappear after a bridge, a swap, or several intermediary addresses.
By the time assets reach the final wallet, they may have already moved across several networks and addresses. Without tracing the full flow, the original connection to a hack can be easy to miss.
That’s why at BitOK, we don’t look at transactions in isolation. We reconstruct the full flow of funds across addresses, assets, and blockchains using BitOK Graph for on-chain investigations.
Want to trace the full route? Explore BitOK Graph: https://bitok.org/graphWebsite | Telegram | BitOK bot
