Bitget Wallet Attack Drains $387.5 Million; CEO Suspects North Korea
An attacker used forged internal transfer requests to drain Bitget wallets, with the exchange’s CEO pointing to possible North Korean involvement, according to Decrypt.
Bitget lost $387.5 million after an attacker used forged internal transfer requests to withdraw funds from the exchange’s wallets, Decrypt reported.
The attack drained funds held in both hot and warm wallets. The reported method involved making fraudulent requests appear to be internal transfers.
Bitget’s CEO said characteristics of the attack suggested possible North Korean involvement. That assessment does not establish who was responsible.
Source: Decrypt
