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Bitget confirms $351.6 million exchange wallet breach after attacker compromises backend system

The Block·September 24, 2026·1 min read
Bitget confirms $351.6 million exchange wallet breach after attacker compromises backend system

Bitget confirmed a $351.6 million hot wallet breach after an attacker compromised its backend system. The exchange said private keys were not compromised and that losses will be covered by its User Protection Fund. Withdrawals were temporarily suspended while security checks are underway.

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