Crypto exchange Bitget reports a major hack involving unauthorized transfers, with multiple outlets citing losses around $351 million to $388 million. Bitget says its systems detect the activity on September 24 and that some wallet addresses linked to the attacker have been frozen.
Across coverage, Bitget’s preliminary assessment is that North Korea is “suspected” or “very likely” behind the incident. Gizmodo notes that Bitget states private keys were not stolen, and that a bitcoin-backed protection fund covers the loss. Other reporting emphasizes Bitget’s response measures, including keeping withdrawals frozen while it investigates and reviewing the attacker’s wallet activity.
The outlets’ differing figures likely reflect variations in how the incident’s value is calculated or reported. While all accounts describe the same exchange and the same broad pattern of unauthorized transfers and subsequent freezes, they differ mainly in the estimated loss amount and in how strongly they characterize Bitget’s attribution conclusion regarding North Korea.
