Bitget sees $387.5 million outflow after transaction-signing trust chain breach

  • GoPlus Security analyzed a $387.5 million outflow from Bitget.
  • $185 million moved in approximately one minute at the peak.
  • Funds left Bitget over a period lasting about 2 hours and 25 minutes.

About $387.5 million flowed out of Bitget in an incident that GoPlus Security attributed to a compromise of the transaction-signing trust chain rather than the theft of private keys. The analysis said attackers entered the wallet backend and falsified transaction data, causing the system to generate valid signatures for unauthorized transfers. The outflow continued for approximately 2 hours and 25 minutes, with as much as $185 million moved in roughly one minute at the peak.

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