Bitget’s head of Greater China, Xie Jiayin, said the platform’s first security crisis in eight years resulted from a targeted attack on a third-party security software supply chain (vendor and component network). The attackers exploited a vulnerability in a third-party product to obtain internal network credentials, but private keys were not leaked and cold-wallet assets (offline crypto holdings) were unaffected. Bitget is conducting an independent review with security firms Mandiant and SlowMist and plans to strengthen monitoring and management standards for third-party components. The platform said it aims to complete recovery while continuing technical and organizational upgrades to support safer, more stable industry development.