
Bitget Hack: Crypto Exchange Loses $352 Million in Hot Wallet Breach, CEO Points to North Korea
Cryptocurrency exchange Bitget confirmed a major security breach on September 24, losing approximately $352 million from its hot and warm wallets, and immediately froze customer withdrawals as it launched an investigation. CEO Gracy Chen said user funds remain protected under the platform's User Protection Fund, while pointing to North Korean hacking groups as the likely culprits behind the attack.




