Security
Crypto Exchange Bitget Exploited for $351M as Hacker Swaps Funds for Ethereum
CoinGape·September 24, 2026·1 min read
Crypto exchange Bitget confirmed a $351.6 million security breach after attackers drained several hot wallets, moved assets across chains, and converted stablecoins into Ethereum. CEO Gracy Chen said unauthorized transfers were detected at 18:31 UTC on September 24. Security teams responded within minutes.
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