#Bitget hacked# Just got the news: Bitget hot wallet was stolen, about $350 million. Withdrawals are temporarily paused.
The current official statement is: losses are covered by the $464 million protection fund, users’ assets are not affected, deposits and trading are normal, but the time when withdrawals will resume is still undetermined.
In the CEO’s live stream, he said the hacker bypassed part of the system to initiate withdrawals, not a key leak. The IP points to the Lazarus Group, and some of the funds may be recoverable.
For those whose withdrawals are stuck, first check the official announcement and don’t rush to take action. Whether the protection fund can deliver on “users’ assets will not be affected” remains to be seen—wait until things are settled.
#Bitget
The current official statement is: losses are covered by the $464 million protection fund, users’ assets are not affected, deposits and trading are normal, but the time when withdrawals will resume is still undetermined.
In the CEO’s live stream, he said the hacker bypassed part of the system to initiate withdrawals, not a key leak. The IP points to the Lazarus Group, and some of the funds may be recoverable.
For those whose withdrawals are stuck, first check the official announcement and don’t rush to take action. Whether the protection fund can deliver on “users’ assets will not be affected” remains to be seen—wait until things are settled.
#Bitget
