Bitget resumes Bitcoin withdrawals after $387.5 million crypto heist

Crypto exchange Bitget has resumed Bitcoin withdrawals suspended after hackers stole $387.5 million from its hot and warm wallets. Withdrawals for ETH, USDT and other assets will be restored between September 29 and October 2, with user funds unaffected.

• Bitget halted all withdrawals after $351.6 million was stolen from hot wallets
• On-chain tracing raised the total stolen to $387.5 million
• ETH withdrawals resume September 29, USDT on September 30
• The exchange launched a recovery bounty program paying 5%