CryptoThe Recordabout 1 hour ago
Bitget Hack Tied to North Korea
3 min read
Bitget said hackers stole $387.5 million on Thursday after breaching a backend wallet system. CEO Gracy Chen blamed North Korean-linked groups, citing IP addresses and on-chain signatures. Withdrawals are suspended while Mandiant and SlowMist investigate. Bitget's $464 million User Protection Fund will cover losses, and a bounty offers 5% for freezing attacker funds.
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