🚨 BITGET FACES REPORTED $170M+ WALLET SECURITY INCIDENT.
• On-chain monitoring has flagged roughly $176M in assets moving from several wallets labeled as belonging to Bitget, including ETH, AVAX, BNB, USDT, USDC and XAUT. Some assets were reportedly converted into ETH.
• The activity reportedly involves three hot wallets and at least one cold wallet, linked to Ethereum address 0x770b10b273fC44Fe9197D6bF20F145c2e98463Ee. Users have also reported withdrawal issues.
• Around $530M in assets reportedly remain across the affected wallets, meaning the amount potentially exposed could change as the movements continue.
• The attack vector, actual losses and cause of the transfers remain unconfirmed. Bitget has not publicly explained the wallet movements at the time of reporting, so the reported $176M should be treated as preliminary rather than confirmed losses.
$BTC
#BTC #Bitget
• On-chain monitoring has flagged roughly $176M in assets moving from several wallets labeled as belonging to Bitget, including ETH, AVAX, BNB, USDT, USDC and XAUT. Some assets were reportedly converted into ETH.
• The activity reportedly involves three hot wallets and at least one cold wallet, linked to Ethereum address 0x770b10b273fC44Fe9197D6bF20F145c2e98463Ee. Users have also reported withdrawal issues.
• Around $530M in assets reportedly remain across the affected wallets, meaning the amount potentially exposed could change as the movements continue.
• The attack vector, actual losses and cause of the transfers remain unconfirmed. Bitget has not publicly explained the wallet movements at the time of reporting, so the reported $176M should be treated as preliminary rather than confirmed losses.
$BTC
#BTC #Bitget
