One of the largest exchange hacks as of 2026 so far. The platform says its cold wallets and users’ ledgers were not “blown up,” and that its protection fund has you covered. So in the short term, it looks more like “hot wallet liquidity was siphoned, and withdrawals are temporarily frozen,” rather than a direct announcement that users’ balances are zeroed out. Withdrawals haven’t been opened yet, and the investigation hasn’t released a complete technical report. The actual recovery timeline and how effective the追回 (recovery) will be depends on the official announcements over the next day or two.
If you have positions, it’s best to rely only on Bitget / Gracy Chen / and the official channels of Xie Jiapin (谢家印). Don’t trust DMs claiming “customer service will help you withdraw funds.”