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DeFi Safety · Fact checked

North Korean Hackers “Very Likely” Drained $350 Million From Bitget, CEO Says

Bitget CEO Gracy Chen said North Korea was “very likely” behind the $350 million Bitget hack. The attackers breached a backend system and never obtained private keys, she added. Withdrawals remain suspended after the Sep

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North Korean Hackers “Very Likely” Drained $350 Million From Bitget, CEO Says

What happened

Bitget CEO Gracy Chen said North Korea was “very likely” behind the $350 million Bitget hack. The attackers breached a backend system and never obtained private keys, she added. Withdrawals remain suspended after the September 24 breach. DefiLlama data now ranks it as the largest crypto hack of 2026. Chen Follows a VPN Trail to The post North Korean Hackers “Very Likely” Drained $350 Million From Bitget, CEO Says appeared first on BeInCrypto .

What the sources establish

The identified sources describe the same recent event. This brief preserves the links and verification time so readers can inspect the original reporting.

Why it matters for DeFi users

The desk focuses on operational impact, protocol or wallet changes, market structure, and the security implications for users. Relevance does not mean that an exploit or loss has been confirmed.

Evidence boundary

The report does not infer an attacker, loss amount, or recovery status unless a verifiable source states it. Material changes require a dated revision.

What to watch next

  • Official protocol, wallet, exchange, or security-team updates.
  • Changes to deposits, withdrawals, contracts, permissions, or user access.
  • Corrections or additional evidence from independent sources.

Sources and editorial check time

This information is educational and is not financial, legal, or security advice.

Sources