Bitget Loses $351M — Here’s What Happened 👀
Bitget has confirmed that around $351.6M was transferred from some hot/warm wallets after unauthorized activity.
Here’s what you need to know 👇
• Cold wallets are safe
• User funds are protected by Bitget $464M+ User Protection Fund
• Account balances remain unchanged
• Deposits & trading are still working
• Withdrawals are temporarily paused
• Law enforcement and security firms are investigating
Bitget has not confirmed the attack method yet and is waiting for the investigation to finish.
Bitget has confirmed that around $351.6M was transferred from some hot/warm wallets after unauthorized activity.
Here’s what you need to know 👇
• Cold wallets are safe
• User funds are protected by Bitget $464M+ User Protection Fund
• Account balances remain unchanged
• Deposits & trading are still working
• Withdrawals are temporarily paused
• Law enforcement and security firms are investigating
Bitget has not confirmed the attack method yet and is waiting for the investigation to finish.
