Bitget Reports $351.6 Million in Assets Affected by Security Breach

Bitget, a cryptocurrency exchange, has announced that approximately $351.6 million in digital assets were affected by an abnormal security breach.

The incident occurred on September 24 at 2:31:11 p.m. ET (18:31:11 UTC) when unusual transfers were detected from parts of its hot and warm wallet systems.

Bitget temporarily suspended withdrawals to conduct further security checks, but deposits and trading remained operational during this time.

The largest holdings affected by the breach were 102.93 million XRP valued at $157.48 million and 31,890 Ether (ETH) valued at $85.75 million.