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via CoinDesk · By CoinDesk Staff
Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says
CS
CoinDesk Staff(04:29 AM UTC)
1 min read
Summary
- Bitget lost $351.6 million after attackers compromised a wallet backend, spoofed transaction data and triggered the exchange’s authorization process, though the company said its private keys were not compromised.
- The breach affected hot and warm wallets, but Bitget said its offline cold wallets remained secure and that…
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