Bitget identifies attack route behind large-scale fund outflow, rules out private-key leak

  • Bitget identified a backend breach behind a recent large-scale fund outflow incident.
  • Bitget said private keys were not leaked and further fund outflows were blocked.
  • Technical teams are restoring systems and upgrading security before withdrawals resume.

Bitget has partly identified the attack route behind a recent large-scale fund outflow and ruled out a private-key leak. CEO Gracy Chen said the hacker breached a core backend system linked to the wallet service, created fake transfer information and used the approval-signing process to move funds. Chen said safeguards against further losses are complete and no additional outflows are at risk. Technical teams are working on system recovery and security upgrades to restore withdrawals, but the company has not provided a timetable. Bitget plans to disclose fuller findings in a later incident report and update users once a firm schedule is available.

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