Wire · regulatory
Bitget CEO suspects North Korea behind $352M hack, citing IP clues
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Fusion42 · 25 September 2026 · Fusion42 review
Bitget suffered a $352 million crypto exchange hack likely linked to North Korean hackers, who used VPNs traced to a known DPRK group. The breach exploited backend wallet service systems without compromising cold or hot wallet keys, prompting withdrawal suspension and ongoing recovery efforts.
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
You must urgently rethink crypto security around backend access, as state-linked hackers just bypassed wallet keys but forged admin transfers. Tighten vendor and infrastructure checks now to avoid frozen withdrawals and lost funds.
◆ Coverage
7 sources · first reported 25 Sep 2026 · latest 26 Sep 2026
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