Bitget Suffers $352 Million Hack, Suspends Withdrawals

Bitget experienced a security breach on September 24, 2026, resulting in the unauthorized withdrawal of approximately $351.6 million in digital assets from its hot and warm wallets. CEO Gracy Chen confirmed the incident, stating that cold wallets remain secure and user funds are protected. The exchange has temporarily suspended withdrawals while conducting a security review, though deposits and trading remain operational. On-chain data indicates that assets including ETH, USDT, USDC, AVAX, and BNB were moved to a newly created address and partially converted on decentralized platforms.