Bitget Breach Reaches $351.6 Million After Suspicious Wallet Outflows
Bitcoin.com News reports that a Bitget security breach totaled $351.6 million, well above the $150 million to $170 million initially identified.
A security breach at crypto exchange Bitget resulted in losses totaling $351.6 million, according to Bitcoin.com News. The report describes it as one of the largest confirmed centralized exchange incidents of 2026.
The incident first drew attention through unusual blockchain activity involving wallets labeled as belonging to Bitget. Early indications pointed to outflows of at least $150 million to $170 million before the reported total rose substantially.
The affected assets included XRP, ether and stablecoins. The supplied report excerpt does not detail how the breach occurred, whether customer balances were affected or what recovery measures the exchange has taken.
Source: Bitcoin.com News
