POPA ReconBitget Hot Wallets Hacked for $351.6M
Bitget Hot Wallets Hacked for $351.6M Bitget CEO Gracy Chen confirmed a hot wallet hack that drained about $351.6 million from the exchange on September 24, after its security systems flagged unauthorized transfers at 18:31 UTC. Bitget says the breach hit only part of the hot and warm layers of its three-tier wallet setup, while cold wallets remain fully secure. Withdrawals are temporarily suspended pending a security review, but deposits and trading keep running, and account balances are unaffected. The full loss falls within the coverage of Bitget's User Protection Fund, which currently ho…
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