Bitget said attackers compromised a critical backend system in its wallet infrastructure, falsified transaction data and improperly triggered transfer approvals to move funds externally. CEO Gracy Chen denied that private keys were leaked and said more serious risk scenarios had been ruled out. The exchange said the incident had been contained, while an independent third-party security team and multiple internal teams investigate the attack path, validate remediation and support cooperation with law enforcement. Bitget is preparing to restore withdrawals after potential risks are eliminated and plans to share the investigation’s findings when the matter is resolved.