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Post #20504 2.91K
Newsmaker Bitget Ceo Gracy Chen: Confirmation 1. Preliminary estimate of the amount involved is about $351.6 million. 2. The platform has a three-tier wallet system. All cold wallets are confirmed unaffected. 3. User funds are safe. The loss is fully covered by…
Gracy Chen (Bitget):

Here is what we can confirm at this stage:

On the attack:
Our security team has made initial progress in tracing the source. The attacker compromised a critical backend system within our wallet infrastructure, used it to spoof transaction data, and triggered our authorization process to move funds out. Private key compromise has been ruled out — this excludes the more severe risk scenarios. Loss containment is confirmed. No further unauthorized transfers are possible. The specific method of system intrusion remains under active investigation. A full technical report will follow once confirmed.


On withdrawal restoration:
Multiple technical teams are working in parallel on system remediation and security hardening. Withdrawal restoration is being prepared in parallel. We will announce a timeline as soon as one is confirmed — we will not commit to a window we cannot guarantee.


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Ben Zhou (Bybit):

Bybit team is standby to help in any ways that we can. Bitget helped us when we had the hack.
we are updating lazarusbounty.com/en/ to help Bitget to capture and trace the stolen fund movement.


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RU | BigLiquid | Pro Channel
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