Bitget Revises Hack Losses to $387.5 Million, Sets Withdrawal Update Deadline

Key Facts

Bitget revised the total amount of stolen funds in the recent breach to $387.5 million. TokenPost reported that the exchange plans to announce its withdrawal response by 12 a.m. on September 26. The upward revision follows ongoing investigations into unauthorized transfers from the platform's hot and warm wallets.

The updated figure exceeds the previous estimate of $351.6 million as it now includes Zcash and TRON assets that were not fully counted earlier. The exchange stated that no further unauthorized transfers have occurred since the security incident, and the situation remains under control as a recovery bounty program has been initiated.