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Crypto Exchange Bitget Confirms $351,600,000 Hot Wallet Breach, Abruptly Suspends Withdrawals

The Daily Hodl·September 25, 2026·1 min read
Crypto Exchange Bitget Confirms $351,600,000 Hot Wallet Breach, Abruptly Suspends Withdrawals

Bitget detected unauthorized transfers of approximately $351.6 million from hot wallets on September 24, 2026, and temporarily suspended withdrawals. The exchange confirmed cold wallets and user assets remain secure via its $464 million+ User Protection Fund. The breach prompted an abrupt halt to withdrawals as the platform investigated the incident.

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