Bitget confirms $351,600,000 hot-wallet breach and suspends withdrawals

Bitget confirmed a $351,600,000 breach involving unauthorized transfers from its hot wallets. Security systems flagged abnormal activity at 18:31 UTC on September 24, 2026. The activity affected a portion of Bitget's hot wallets. Bitget said its cold wallets remained secure. Bitget said most platform assets were unaffected. Bitget activated emergency protocols and engaged law enforcement and on-chain security partners. The incident falls under Bitget's User Protection Fund, which holds more than $464 million. Bitget said customer balances remained accurate. Deposits and trading continued to operate normally. Bitget temporarily suspended withdrawals while it conducted a security review. Bitget said it would not speculate on the attack vector until the investigation is complete.