Bitget Attributes $352 Million Crypto Hack to North Korean Group

Key Facts

Bitget CEO Gracy Chen stated that investigators identified IP addresses linked to a North Korean hacking group. CNBC reported that the platform detected 19 unauthorized transfers from its hot and warm wallet infrastructure on Thursday, September 24, 2026.

Bitget attributed the $352 million security breach to North Korean actors after identifying IP addresses and VPN services previously used by the group. This development follows an internal investigation by the exchange into the unauthorized activity, highlighting persistent security concerns within the cryptocurrency sector.