📢 Bitget Confirms $351M Hack, Withdrawals Frozen

Crypto Drop Club, @drop_cryptogo

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📢 Bitget Confirms $351M Hack, Withdrawals Frozen Bitget has confirmed a major security breach after hundreds of millions of dollars were drained from its wallets on Thursday. Founder Gracy Chen disclosed that unauthorized transfers hit portions of the exchange's hot and warm wallet infrastructure, with total losses estimated at approximately $351.6 million. The attack was carried out by a newly created wallet that swept ETH, stablecoins, tokenized gold, and AVAX from Bitget-labeled hot and cold reserves across multiple blockchains — all within under an hour. Withdrawals have been frozen as an investigation is underway. Bitget has not yet provided further details on the attack vector or recovery plans. If you hold funds on Bitget, monitor official channels closely for updates. Trade on Binance

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