Security· ★★★★★· bearish·

Bitget CEO says North Korea 'very likely' behind $350M hack

  • —Chen linked the attack to IP addresses matching North Korean VPN services
  • —Hackers never obtained private keys or altered user withdrawal requests
  • —Nine assets were taken, led by 102.9 million XRP worth about $157.5 million
  • —The exchange's $464 million protection fund covers the full loss
Why it matters: The largest crypto hack of 2026 renews scrutiny of centralized exchange security and North Korea-linked Lazarus activity.
Source: BeInCrypto AR