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Wire · operational-macro

Bitget CEO Gracy Chen Says Hackers Moved $351.6 Million From Hot Wallets, Pauses Withdrawals

Published

25 September 2026

Topic

operational-macro

◆ Sectors

Crypto & Web3

◆ Geography

United States

◆ Source

Read at newscord.org →

◆ Verified

Fusion42 · 26 September 2026 · Fusion42 review

Bitget experienced a suspected hack resulting in $351.6 million being moved from its hot wallets, causing the exchange to pause withdrawals for a security review while deposits and trading remain active. The attack is suspected to involve North Korean hackers, with the breach mainly affecting hot wallets and not cold wallets.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 7 sources have reported it between 25 Sep 2026 and 26 Sep 2026.

◆ ◆ The Wire takeaway

Bitget's security collapse and halted withdrawals show urgent vulnerability in crypto hot wallets. You must review your security and withdrawal protocols now or risk losing customer trust and funds.

◆ Coverage

7 sources · first reported 25 Sep 2026 · latest 26 Sep 2026

◆ Related on Wire

◆ Topics

Crypto & Web3crypto-hackexchange-securityhot-walletswithdrawal-freezenorth-korean-hackers