Bitget will resume withdrawals in stages from Sept. 28 after a $387.5 million theft
CEO Gracy Chen said the attacker compromised an internal system in the wallet infrastructure and used it to spoof transaction data, per Unchained.
Bitget announced on X that it will resume bitcoin withdrawals on Sept. 28 at 08:00 UTC, ether on the 29th, USDT on the 30th, and the remaining tokens, fiat currencies and P2P trading on Oct. 2. The company says user balances remain intact, per CriptoNoticias.
Chen said the attack is consistent with techniques used by North Korea-linked hacker groups, and that Mandiant and SlowMist are assisting the investigation. Bitget puts the total loss at $387.5 million, per Unchained. The attacker moved about $83 million in stolen XRP out of three wallets, and about $75 million remains in the original accounts. Ripple cannot freeze XRP, while Circle and Tether froze about $320,000 in linked USDC and USDT, per CoinDesk.
Sources: CriptoNoticias · Unchained · CoinDesk