$350mn Hack Hits Bitget Crypto Exchange Amid Uncertainty

The cryptocurrency exchange Bitget has been hit by a massive hack, with losses estimated at $350mn. The incident occurred on December 23rd and affected several users who had stored their assets on the platform.

The exact nature of the attack is still unclear, but it is believed to have involved unauthorized access to user accounts.

The hacked funds include a mix of cryptocurrencies such as Bitcoin and other digital assets. The exchange has assured its users that it is working closely with law enforcement agencies to investigate the incident and prevent any further losses.