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Bitget 'Potentially Hacked' as $183 Million Vanishes From Exchange Wallets

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Decrypt Editorial
(09:15 PM UTC)
1 min read
MR
Verified byMichael Roberts

In brief

  • On-chain data shows roughly $183 million in ETH, USDT, USDC, AVAX, BNB, and other tokens moved from wallets labeled as Bitget's to a single address over about an hour on Thursday.
  • A freshly created wallet spent $19.67 million in USDT0 to buy 7,111 ETH in six minutes on Arbitrum, paying up to 5% above market price through decentralized exchanges UniswapX and 1inch Fusion.
  • Users report…

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