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via Decrypt · By Decrypt Editorial
Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect
DE
Decrypt Editorial(05:08 PM UTC)
1 min read
In brief
- Bitget confirmed a $387.5 million breach detected on September 24, after attackers spoofed transaction data to trigger legitimate-looking transfer approvals from hot and warm wallets, not by stealing private keys.
- The haul includes roughly 103 million XRP worth $157 million.
- CEO Gracy Chen says IP addresses and on-chain patterns match techniques used by North Korea's state-linked…
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