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Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect

Decrypt·September 25, 2026·1 min read
Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect

Bitget lost $387.5 million after an attacker faked internal transfer requests to drain hot and warm wallets. The exchange's CEO says the attack's fingerprints resemble North Korea's Pyongyang. The incident highlights ongoing security threats in the crypto exchange sector, prompting users to remain vigilant about exchange security measures.

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