Bitget Boosts Breach Loss Estimate to $387.5M, Sets Withdrawal Restart Plan

Bitget has increased its estimate of assets transferred to attacker-controlled addresses in a recent security breach to $387.5 million, up from an initial $351.6 million.

The exchange says it has identified and remediated the underlying vulnerability that allowed the attack to occur.

Withdrawals are scheduled to return in stages, with Bitcoin withdrawals resuming on September 28 and other assets following over the next few days.