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Bitget: A small amount of hot wallets were unauthorizedly transferred, involving $351.6 million; the vast majority of the platform's assets are safe, and the protection fund can cover the losses

2026-09-25 06:41:39

The cryptocurrency trading platform Bitget announced on its official X account that on September 24, 2026, at 18:31 (UTC), its security system detected unauthorized transfers from a small number of hot wallets. The security team has immediately activated the emergency response procedure and begun a comprehensive investigation.

Bitget stated that, based on current assessments, approximately $351.6 million in assets have been affected. Cold wallets and the vast majority of platform assets remain secure and unaffected, and user funds are still protected. The incident falls within the coverage of the user protection fund, which currently holds over $464 million.

Bitget mentioned that customer account balances remain accurate, and deposits and transactions continue to operate normally. As a precaution, withdrawals have been temporarily suspended to allow the team to complete a thorough security review. The company has identified and flagged the relevant transfer addresses, formally contacted law enforcement agencies and on-chain security partners, and will restore withdrawals as soon as safety is confirmed, providing subsequent updates through official channels while refraining from speculating on the attack path during the investigation.

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