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Crypto

Unauthorized Outflow from Bitget, Estimated Loss of $350 Million

2026/09/25 16:43(Updated 2026/09/25 12:00)

CoinPost

Written by L.Kikutani

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Unauthorized Outflow from Bitget, Estimated Loss of $350 Million

Unauthorized Outflow from Bitget

The cryptocurrency exchange Bitget revealed that its security system detected unauthorized transfers from its hot wallet on the 24th. CEO Gracy Chen estimated the loss at approximately $351.6 million in a post on X on the 25th.

Withdrawals have been temporarily suspended for safety verification, while deposits and trading continue to operate normally. Chen explained that withdrawals will resume once the security inspection is complete.

Additionally, the cold...

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