Bitget Withdrawals Resume After $387.5 Million Hack
Bitget, a Seychelles-based cryptocurrency exchange, has announced the resumption of customer withdrawals starting on September 28. This comes after an attacker moved about $387.5 million from parts of its wallet infrastructure four days ago.
The attack was first detected at 18:31 UTC on September 24, with the affected funds initially estimated to be around $351.6 million. However, further on-chain tracing revealed that the actual amount stolen is $387.5 million.
Bitget has stated that its security and technical teams are running further validation checks across the withdrawal infrastructure, while Mandiant and SlowMist continue to support the investigation. The exchange has also committed to announcing a full incident report with a root-cause analysis in the future.