Bitget halts withdrawals after $351.6M unauthorized transfers
Crypto exchange Bitget paused withdrawals after detecting unauthorized transfers from some of its hot- and warm-wallet infrastructure totaling about $351.6M. CEO Gracy Chen said user funds are safe and emergency response protocols were activated.
- Bitget detected unauthorized transfers from hot and warm wallets
- Affected funds are estimated at roughly $351.6M
- Withdrawals on the exchange have been halted
- CEO Gracy Chen says user funds are safe
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