Bitget Says Suspected North Korean Hackers Stole $351.6M After Backend Compromise
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Bitget has disclosed that suspected North Korean threat actors stole $351.6 million from its hot and warm wallets after a backend compromise.
According to the exchange, its security systems flagged unauthorized transfers involving a limited number of hot wallets at 18:31 UTC on September 24, 2026. The company stated that its cold wallets and the overwhelming majority of platform assets remain unaffected.
Key points from the disclosure:
- Suspected attribution: North Korean threat actors
- Total stolen: $351.6 million
- Affected wallets: a limited number of hot and warm wallets
- Detection time: 18:31 UTC on September 24, 2026
- Unaffected: cold wallets and the overwhelming majority of platform assets
The exchange has not released further technical details about how the backend was compromised or whether specific indicators of compromise are available.
Source: The Hacker News
Does your organization treat exchange hot wallet compromises as a supply chain risk, and what controls are you using to limit exposure to similar backend breaches?
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