Bitget Hot Wallets Hit by Suspected Hack Involving Nearly $352 Million

Approximately $351.6 million in cryptocurrency was moved from Bitget's hot wallets in a suspected security breach detected on September 24, 2026, at 18:31 UTC. CEO Gracy Chen confirmed that the exchange's security team initiated emergency protocols immediately upon detecting the unauthorized transfers. While the incident affected portions of the hot and warm wallet layers, the exchange stated that its cold wallets remain secure and user funds are safe. Bitget, based in Seychelles, is currently the sixth-largest crypto exchange by daily trading volume.