Bitget Confirms $387.5M Hot Wallet Breach, $15B Loss Claims Unverified
- —Confirmed loss stands at $387.5 million, revised up from $351.6 million
- —Assets across at least seven blockchains were moved to attacker wallets
- —TRM Labs linked the laundering pattern to a likely North Korea-linked actor
- —Bitget said the incident was contained and engaged Mandiant and SlowMist
Why it matters: The hot wallet breach at a major exchange underscores custody risk for CEX users and DeFi's exposure to issuer solvency.
Source: Coincu