Bitget Updates Security Breach Details: Stolen Funds Revised to $387.5 Million

Bitget Chief Growth Officer Xie Jiayin announced that the platform will disclose the timeline for resuming withdrawals by noon tomorrow. The security team has identified the attack path and methods used by the hacker. The total amount of stolen funds, which includes ZEC and TRX, has been revised to approximately $387.5 million. Bitget confirmed that the user protection fund will fully cover the losses, ensuring no impact on user assets. The platform has also launched a bounty program offering 5% for the freezing or recovery of stolen funds.