Bitget, a cryptocurrency exchange, reported that suspected North Korean threat actors have stolen $351.6 million from its hot and warm wallets This article explores investigation bitget wallet. . The company highlighted that customer account balances are accurate and deposits and trading remain normal.
However, withdrawals have been temporarily halted due to a comprehensive security review currently underway. Bitget did not provide details on how the attack occurred but stated it has engaged Mandiant and SlowMist for a third-party investigation. "Bitget Wallet operates as a self-custodial wallet on a separate and independent infrastructure from Bitget Exchange and was not affected by this incident," it noted.
According to Bitget CEO Gracy Chen, assets impacted by the hack include ETH, XRP, BNB, AVAX, USDT, and USDC, with chains involving Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. "We have reached out to the foundations of all affected chains, and some have confirmed the freezing of hacker wallet addresses," Chen stated. "Based on IP behavior patterns and on-chain analysis, the method of this attack is highly consistent with known patterns of North Korean hacker groups."
An attacker breached our wallet's critical backend system, manipulated transaction data, and initiated our authorization process to transfer funds. No unauthorized transfers are currently possible. The method of intrusion remains under investigation.
SentinelOne reports that the development occurred just a week after identifying the North Korea-linked TraderTraitor group as responsible for an attack targeting an Indian information technology (IT) services firm. TraderTraitor is renowned for its theft of $1.5 billion from Bybit and $292 million from KelpDAO's LayerZero bridge.
