🚨UPDATE: Bitget has revised the size of its hack to $387.5 MILLION, up from $351.6M after tracing additional Zcash and TRON assets.
The exchange stresses this was not additional theft, says the breach is contained, and has launched a 5% recovery/freeze bounty.
CEO Gracy Chen says preliminary evidence also points toward North Korean hackers, citing IP and VPN patterns associated with a DPRK group 👀
BREAKING: Bitget confirms roughly $351.6M was stolen in a major security breach. ⚠️
The exchange says user funds are covered by its protection fund and cold wallets were not affected.