Bitget Pauses Customer Withdrawals After Suffering Major Breach
Bitget temporarily suspended customer withdrawals after detecting the unauthorized movement of approximately $351.6 million in cryptocurrency. The exchange said the incident did not affect the balances displayed in customer accounts and that it would use its own protection reserves to cover the loss. The security breach was detected on the evening of September 24, 2026. Bitget noticed unusual activity involving several hot and warm wallets, which are connected to routine exchange operations. The company responded by stopping withdrawals and investigating the transactions. Trading and deposits remained available while the investigation continued. According to Bitget chief executive Gracy Chen, the attackers…
