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Bitget Exchange Reportedly Hacked For Over $170 Million

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BeInCrypto Editorial
(08:58 PM UTC)
1 min read
DK
Reviewed byDavid Kim

Crypto exchange Bitget has been hacked for over $350 million. The hack was identified after users reported withdrawal problems. Initial on-chain data showed roughly $176 million moving from wallets labelled as belonging to the exchange.

Arkham data shows a series of large transfers taking place within around 20 minutes. The funds came from several Bitget-labelled hot wallets and at least one…

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