Cointelegraph iconCointelegraphSep 28, 2026

Bitget CEO says $388M hack exploited third-party security vulnerability

Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link. Bitget's private keys were not compromised, and its cold wallets were not affected, she said.

Bitget CEO says $388M hack exploited third-party security vulnerability

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Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link.

Bitget's private keys were not compromised, and its cold wallets were not affected, she said.

Bitget said it has since addressed the security flaw and tightened its withdrawal controls, including restricting internal access, adding independent verification for withdrawals and increasing monitoring...

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Some stolen assets have been frozen, but Bitget has yet to disclose how much has been recovered as investigators continue to assess a possible North Korea link. Bitget's private keys were not compromised, and its cold wallets were not affected, she said. Bitget said it has since addressed the security flaw and tightened its withdrawal controls, including restricting internal access, adding independent verification for withdrawals and increasing monitoring for unusual activity.

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