Bitget said suspected North Korean hackers stole $351.6 million from its hot and warm wallets after unauthorized transfers were detected on Thursday evening. The exchange paused withdrawals, is investigating with law enforcement and security firms, and says its User Protection Fund will cover the losses. #Bitget #NorthKoreanHackers #Mandiant #SlowMist
Keypoints
- Bitget disclosed a $351.6 million theft from its hot and warm wallets.
- The breach was detected after multiple unauthorized transfers were flagged by security systems.
- Withdrawals were temporarily suspended during the investigation.
- Bitget said its self-custodial Bitget Wallet and cold wallets were not affected.
- The company linked the attack to North Korean hackers and said its User Protection Fund will cover the losses.