AI · Bitcoin Magazine
Nearly $352 million Moved From Crypto Exchange Bitget Wallets in Suspected Hack
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Crypto exchange Bitget detected unauthorized transfers and has temporarily halted withdrawals.
Key facts
- At 18:31 UTC on September 24, 2026, Bitget’s security systems detected unauthorized transfers from some of our hot wallets,” Bitget CEO Gracy Chen wrote on X
- And this month, purported white-hat hackers withdrew about 4,000 bitcoins, worth about $320 million at the time, from Blockstream’s Liquid sidechain’s federation wallet
- An estimated $351.6 million in crypto has been moved from digital asset exchange Bitget’s hot wallets in a suspected hack
- Victoria, Seychelles-based Bitget is the sixth biggest exchange, processing over $1.1 billion in trading volume per day, according to CoinGecko data
Summary
An estimated $351.6 million in crypto has been moved from digital asset exchange Bitget’s hot wallets in a suspected hack. The platform’s CEO said in a Thursday statement that Bitget’s security team activated an emergency response when the movements were detected. “At 18:31 UTC on September 24, 2026, Bitget’s security systems detected unauthorized transfers from some of our hot wallets,” Bitget CEO Gracy Chen wrote on X. She added: “Bitget has navigated multiple market cycles. Victoria, Seychelles-based Bitget is the sixth biggest exchange, processing over $1.1 billion in trading volume per day, according to CoinGecko data.