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CryptoMediumUpdated•Originally published 26 September 2026•Updated 26 September 2026•
1 min read

Bitget Resumes Phased Withdrawals Following $387.5M Security Breach

Key Facts

1Bitget announced the reopening of crypto withdrawals following a security breach that resulted in a $387.5 million loss.
2Bitcoin withdrawals are set to resume on September 28, followed by Ethereum and USDT, with XRP expected by October 2.

Bitget announced the reopening of crypto withdrawals following a security breach that resulted in a $387.5 million loss, Coinpedia reported. Bitcoin withdrawals are set to resume on September 28, 2026, followed by Ethereum and USDT, with XRP services expected to return by October 2, 2026.

The exchange stated that the temporary withdrawal pause was a security measure and did not affect user account balances, while also launching a 10% bounty program for the recovery of stolen funds. This phased restoration aims to manage liquidity and secure the network as the platform recovers from the hack, which initially impacted assets across multiple networks.

Latest Updates · 1

  1. Notable·

    Update: The security breach that initially triggered the withdrawal freeze on Bitget has been identified as occurring on September 24, 2026. This clarification comes as the platform continues its investigation into the incident and the securing of affected assets.