Bitget Revises Security Breach to $388M After Additional Assets Discovered

Bitget's security breach has been revised to $388 million in affected assets, up from an initial estimate of $352 million. The exchange attributed the upward revision to a more complete accounting of transfers during the incident, including assets on Zcash and TRON that were missing from the first report.

The breach involved multiple networks, including EVM chains, the XRP Ledger, Zcash, and TRON, with multiple asset types listed. $387.5 million was transferred to attacker-controlled addresses according to onchain tracing, which is around $35 million higher than what was reported on Thursday.

Bitget has paused withdrawals while it investigates the breach, and introduced a bounty program designed to encourage the freezing or recovery of stolen funds. The exchange claims that no further unauthorized transfers are possible, but users will ultimately want confirmation as withdrawals resume and balances are reconciled.