Wu Blockchain (@WuBlockchain): Bitget CEO Details How Attackers Stole Approximately $380M
Estimated coin impact
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- BGB-75Negative
Bitget CEO Details How Attackers Stole Approximately $380M In a September 28 livestream, Bitget CEO Gracy Chen @GracyBitget said attackers exploited a zero-day vulnerability in a third-party security product to obtain internal credentials. They used those credentials to access wallet backend systems, insert fraudulent withdrawal commands and bypass risk controls, then deleted traces of the transfers. Chen said private keys were not compromised and an inside job had been preliminarily ruled out. Bitget has not identified the attackers and plans to release an incident report.