Bitget Denies Rumors of $178 Million Security Breach

Cryptocurrency exchange Bitget has officially denied rumors circulating online regarding a $178 million security breach and unauthorized withdrawals. The exchange stated that its core security systems are functioning normally, user balances are accurate, and the vast majority of assets are held in secure offline cold wallets. Bitget has initiated an emergency response to investigate suspicious account activity and is working with law enforcement and security firms to address potential phishing threats.