Bitget hack: $463M withdrawn in first 24 hours, a record daily outflow; CEO says recovery of stolen $388M unlikely

Bitget says the $388 million theft was carried out via a zero-day in third-party security products, with the attacker using valid admin access after two small test transfers went unflagged. About $463 million left the exchange in the first 24 hours, a record single-day outflow per DefiLlama; CEO Gracy Chen said she is not optimistic about recovering the funds and that the $464 million protection fund covers every user.

Detected & updated continuously · Source: Nebula