Bitget sets phased withdrawal restart after $387.5 million breach

  • Bitget will reopen withdrawals in phases beginning with Bitcoin-network transfers at 08:00 UTC on Sept. 28.
  • Bitget scheduled ETH withdrawals for Sept. 29, USDT withdrawals for Sept. 30, and remaining services for Oct. 2.
  • Bitget says the vulnerability was remediated, user balances remain unaffected, and no further unauthorized transfers are possible.

Bitget will resume withdrawals in phases beginning Sept. 28 after a Sept. 24 security incident involving approximately $387.5 million across 10 tokens and multiple non-EVM chains. Bitcoin-network withdrawals are scheduled to reopen at 08:00 UTC on Sept. 28, followed by ETH withdrawals on five networks on Sept. 29, USDT withdrawals on four networks on Sept. 30, and other tokens, fiat and peer-to-peer services on Oct. 2. The exchange said it remediated the vulnerability, contained the incident and prevented further unauthorized transfers, while Mandiant and SlowMist continue supporting the investigation. Bitget said user balances remain unaffected, its Protection Fund will cover the financial impact, and trading and deposits remain available. CEO Gracy Chen will host a Sept. 28 AMA at 07:30 UTC on the incident and withdrawal restoration.

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