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Bitget CEO Gracy Chen Reports Targeted Social Engineering Attempt Following Exchange Hack

Unchained ·

Bitget CEO Gracy Chen revealed that scammers impersonating a major investment firm attempted to target her on Monday, four days after the exchange suffered a $387.5 million hack. Chen described the incident as a sophisticated social engineering attack where impostors posed as a team to offer assistance or request actions, exploiting her ongoing communications with external partners. She avoided the trap by verifying the contact through a separate channel with the firm's actual leader. Regarding the initial theft, Chen stated that attackers exploited an unknown vulnerability in a third-party security product to send fraudulent withdrawal commands, noting that preliminary indicators suggest potential links to DPRK-affiliated hacker groups.

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

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