U.Today·Sep 28, 2026, 1:16 PM UTCBTC

Bitget Details $388 Million Security Incident as BTC Withdrawals Resume

7 outlets reporting

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$388M

exploit losses

Bitget CEO Gracy Chen has provided a detailed account of the Sept. 24 security incident, explaining how an attacker obtained internal credentials and initiated about $388 million in unauthorized transfers.

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Also covered by 6 outlets

The Block ↗
Bitget starts phased withdrawal resumption following $388 million exploit
Unchained ↗
Bitget Reopens Bitcoin Withdrawals, Starting Phased Restart After $388 Million Hack
Cointelegraph ↗
Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain
The Defiant ↗
Bitget Reopens Bitcoin Withdrawals After $387.5 Million Breach
BeInCrypto ↗
Bitget Resumes Withdrawals In Phases After Security Incident
CryptoSlate ↗
Bitget had 30 minutes to contain its hack before $290 million started moving

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