Crypto exchange Bitget now estimates its recent hot wallet hack at about $387.5 million, one of 2026’s largest centralized exchange breaches.
Bitget revised losses from $351.6 million to about $387.5 million after including $ZEC cash and TRON assets missed in early counts.
User balances are reportedly covered by a $464 million protection fund, but withdrawals remain suspended while the vulnerability is being investigated and patched.
Recovery relies on tracing, bounty incentives and limited stablecoin freezes, leaving most stolen crypto still in attacker-controlled wallets and highlighting ongoing custody risk.
Bitget revised losses from $351.6 million to about $387.5 million after including $ZEC cash and TRON assets missed in early counts.
User balances are reportedly covered by a $464 million protection fund, but withdrawals remain suspended while the vulnerability is being investigated and patched.
Recovery relies on tracing, bounty incentives and limited stablecoin freezes, leaving most stolen crypto still in attacker-controlled wallets and highlighting ongoing custody risk.