Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect
An attacker faked internal transfer requests to drain $387.5 million from Bitget's hot and warm wallets, and the exchange's CEO says the fingerprints look like Pyongyang's.
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Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect
What happened
An attacker faked internal transfer requests to drain $387.5 million from Bitget’s hot and warm wallets, and the exchange’s CEO says the fingerprints look like Pyongyang’s.
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
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Decrypt: https://decrypt.co/379350/bitget-hack-387m-what-happened-why-north-korea-suspect
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BeInCrypto RSS: https://beincrypto.com/bitget-hack-timeline-north-korean-pattern/
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The Defiant Live: https://thedefiant.io/news/hacks/bitget-raises-hack-estimate-to-387-5-million-as-token-accounting-widens
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Editorial source check time: 2026-09-25T20:25:14.976Z
This information is educational and is not financial, legal, or security advice.