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via CoinDesk · By CoinDesk Staff

Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'

SAFE

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$0.11488

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SAFE

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RSI (14):62.7

CoinDesk Staff

(09:59 PM UTC)

1 min read

Approved byOlivia Bennett

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Crypto News

Bitget CEO Gracy Chen (CoinDesk)

Crypto exchange Bitget lost $351.6 million dollars to a system breach on Thursday, CEO Gracy Chen announced in a social media post.

In a post on X, Chen said that Bitget’s cold wallets and user funds were safe, and that there were “unauthorized transfers from some of our hot wallets.” The exchange maintains a “user protection fund”…

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CoinDesk Staff · CoinDesk

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