Bitget-Labeled Wallets Reportedly Drained of $350 Million
Decrypt reports that roughly $350 million left wallets labeled as Bitget reserves across several blockchains in less than an hour.
Wallets identified as belonging to crypto exchange Bitget were reportedly drained of about $350 million, according to Decrypt, which described the incident as a hack.
The report said a newly created wallet drained both hot and cold reserves carrying Bitget labels. The activity spanned multiple blockchains and took place in under an hour.
The supplied report did not explain how the transfers were carried out or include confirmation from Bitget. It also did not identify who controlled the newly created wallet.
Source: Decrypt
