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Bitget CEO Details $388 Million Security Breach and Vendor Zero-Day Attack

Unchained ·

Bitget CEO Gracy Chen explains how attackers exploited a vendor zero-day vulnerability to bypass risk controls and withdraw $388 million from the exchange's hot and warm wallets on September 24. The discussion covers the potential involvement of DPRK actors, the dispute with THORChain regarding fund laundering, and the efficacy of exchange protection funds.

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Summaries are written by AI from the original article. Not investment advice.

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