Bitget Hit by $351.6M Wallet Breach, Temporarily Suspends Withdrawals
Bitget confirms $387.5M in affected assets as its recovery bounty targets the freezing and return of stolen funds. Crypto exchange Bitget has suffered a major security breach involving hundreds of millions of dollars in digital assets. Unauthorized transfers began on September 24, prompting an emergency response and a temporary suspension of withdrawals. Deposits and trading remain operational while security teams investigate the incident. Bitget Detects Unauthorized Wallet Transfers Bitget detected unauthorized transfers from parts of its hot and warm wallet infrastructure on September 24. Security teams activated emergency procedures within minutes and began identifying suspicious addresses. Discover more Secure crypto storage Compare Futures Brokers Choose POS Systems According to Bitget, its cold wallets were unaffected by the breach, and user account balances and assets remain accurate and protected. The firm initially placed the affected funds at roughly $351.6 million and stated that its User Protection Fund could cover the reported loss. [SECURITY NOTICE] Bitget Hot Wallet Incident — September 24, 2026 At 18:31 UTC on September 24, 2026, Bitgets security systems detected unauthorized transfers from some of our hot wallets. Our security team activated emergency response protocols immediately. What we have… Further investigation later raised the amount transferred to attacker-controlled addresses to approximately $387.5 million. Bitget said the revision resulted from additional









