Crypto exchange Bitget lost $351.6 million on Thursday — attackers pushed straight through its hot and warm wallets, no forged requests, no stolen private keys. Cold storage stayed safe.
CEO Gracy Chen went live on X shortly after:
"We've identified IP addresses matching VPN choices of a certain DPRK group. The pattern looks very much like what they did before."
Worth noting: North Korean hackers have already taken an estimated $2 billion in crypto in 2025 alone, including the $1.5 billion Bybit heist the FBI formally attributed to Pyongyang. Withdrawals remain suspended; some funds recovered, amount undisclosed.
Cointelegraph