CryptoTom's Hardwareabout 2 hours ago
North Korea Suspected in $387M Bitget Hack
3 min read
Bitget CEO Gracy Chen says North Korean state hackers likely drained over $387 million from the crypto exchange on September 24, exploiting a backend wallet system to forge transfer approvals. Bitget froze withdrawals, will cover losses via its $464 million User Protection Fund, and begins staggered withdrawals September 28. Cold wallets stayed safe.
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