Betting platform BC.GAME has launched a $500,000 bounty for any information that could help it track a wallet allegedly holding funds stolen during a $4.3 million exploit of a third-party game on its platform.
This address belongs to a hacker,the funds used are illegal proceeds stolen from https://t.co/75wFXJL2Zp!!
The hacker exploited a vulnerability in a third-party game and illegally profited $4,326,700 from BCGAME.
BCGAME is now offering a global bounty to all players worldwide… https://t.co/U8DiVj14G0
— BC.GAME (@bcgame) March 5, 2026
The exploit came to light early Thursday after EyeOnChain, which monitors the activity of sophisticated investors on the blockchain, flagged unusual activity tied to the address.
The wallet received $1.7 million in USDC and quickly opened a high-leverage short position worth $31 million in ETH. As Ethereum’s price rose, the bet unraveled, triggering a series of liquidations that wiped out about $1.5 million.
The hunt for the wallet moved fast. A few hours after BC.GAME‘s announcement, well-known blockchain investigator ZachXBT reached out to submit a bounty claim, suggesting that he had collected key information.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.