Bitget confirms $351.6m hot wallet breach, withdrawals paused; CEO says North Korea's Lazarus group suspected

Bitget CEO Gracy Chen confirmed about $351.6m was moved from compromised hot and warm wallets, and said North Korea's Lazarus group is suspected of being behind the breach. Cold wallets were unaffected, user balances are unchanged and the loss is covered by the exchange's $464m protection fund. Withdrawals are paused while deposits and trading continue.

Detected & updated continuously · Source: Nebula