Bitget Wallet Hack Steals $351.6M: Gracy Chen Points Finger at North Korea

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AI Fusion Summary

Bitget reported that suspected North Korean threat actors stole $351.6 million from its hot and warm wallets following a backend compromise on September 24, 2026. While cold wallets and most platform assets remain secure, the hack triggered frozen withdrawals. Gracy Chen pointed toward North Korea for the attack. Although trading continues normally, the company's claimed $464M protection fund remains unverified. Bitget's security systems identified the unauthorized transfers at 18:31 UTC on the date of the incident.
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