#BitgetCEOConfirms$388MStolenInHack
🚨 Bitget Confirms ~$388M Crypto Theft! 💰🔐
Bitget CEO confirmed that roughly $388M in crypto assets was stolen in the Sept. 24 security incident.
🔓 Attackers reportedly exploited a third-party security vulnerability
🧩 Fraudulent transaction data allegedly bypassed internal authorization checks
💰 Loss revised from $351.6M → ~$387.5–$388M
❄️ CEO says private keys & cold wallets were not compromised
🛡️ Bitget says its protection fund will cover the losses
🔄 Withdrawals began reopening Sept. 28, starting with Bitcoin after security checks.
🇰🇵 The CEO said activity was consistent with known North Korea-linked patterns, but this remains an attribution assessment, not a final law-enforcement conclusion.
⚠️ The incident highlights how exchange backend systems and approval workflows can become critical security risks.
#Bitget #CryptoSecurity #Bitcoin #Crypto #Blockchain
🚨 Bitget Confirms ~$388M Crypto Theft! 💰🔐
Bitget CEO confirmed that roughly $388M in crypto assets was stolen in the Sept. 24 security incident.
🔓 Attackers reportedly exploited a third-party security vulnerability
🧩 Fraudulent transaction data allegedly bypassed internal authorization checks
💰 Loss revised from $351.6M → ~$387.5–$388M
❄️ CEO says private keys & cold wallets were not compromised
🛡️ Bitget says its protection fund will cover the losses
🔄 Withdrawals began reopening Sept. 28, starting with Bitcoin after security checks.
🇰🇵 The CEO said activity was consistent with known North Korea-linked patterns, but this remains an attribution assessment, not a final law-enforcement conclusion.
⚠️ The incident highlights how exchange backend systems and approval workflows can become critical security risks.
#Bitget #CryptoSecurity #Bitcoin #Crypto #Blockchain
