🚨🚨 $350 MILLION JUST VANISHED FROM BITGET?! 😳
Have you heard about this?
Crypto exchange Bitget has confirmed a security breach involving approximately $351.6 MILLION in assets. 💰
The affected assets reportedly included:
🔴 $XRP — ~$157.5M
🔴 $ETH — ~$85.8M
🔴 $USDT / $USDC
🔴 $BNB, $AVAX and others
But here's where it gets even more interesting… 👀
Bitget says the attackers did NOT obtain its private keys.
Instead, the CEO said a critical backend system in the wallet infrastructure was compromised, allowing attackers to manipulate transaction data and trigger the authorization process.
🇰🇵 And who could be behind it?
Bitget CEO Gracy Chen says a North Korean group is “very likely” responsible.
Some blockchain investigators have pointed toward Lazarus/TraderTraitor, but the attribution is not yet officially confirmed.
🛡️ Bitget says its User Protection Fund holds more than $464M, which it says can cover the loss.
Now the BIG question:
Will this $350M hack shake confidence in centralized exchanges… or will the market simply move on? 👀
And remember: this is NOT the same as the recent fake-token/flash-token exploits being discussed elsewhere.
⚠️ Not financial advice. DYOR.
#Bitget #CryptoHack #XRP #ETH #USDT #CryptoSecurity #BinanceSquare
Have you heard about this?
Crypto exchange Bitget has confirmed a security breach involving approximately $351.6 MILLION in assets. 💰
The affected assets reportedly included:
🔴 $XRP — ~$157.5M
🔴 $ETH — ~$85.8M
🔴 $USDT / $USDC
🔴 $BNB, $AVAX and others
But here's where it gets even more interesting… 👀
Bitget says the attackers did NOT obtain its private keys.
Instead, the CEO said a critical backend system in the wallet infrastructure was compromised, allowing attackers to manipulate transaction data and trigger the authorization process.
🇰🇵 And who could be behind it?
Bitget CEO Gracy Chen says a North Korean group is “very likely” responsible.
Some blockchain investigators have pointed toward Lazarus/TraderTraitor, but the attribution is not yet officially confirmed.
🛡️ Bitget says its User Protection Fund holds more than $464M, which it says can cover the loss.
Now the BIG question:
Will this $350M hack shake confidence in centralized exchanges… or will the market simply move on? 👀
And remember: this is NOT the same as the recent fake-token/flash-token exploits being discussed elsewhere.
⚠️ Not financial advice. DYOR.
#Bitget #CryptoHack #XRP #ETH #USDT #CryptoSecurity #BinanceSquare
