WuBlockchain
Bitget has confirmed that approximately $387.5 million in assets were transferred to attacker-controlled addresses, up from an initial estimate of $351.6 million. CEO Gracy Chen said the incident is contained and no further unauthorized transfers are possible. The higher figure reflects additional Zcash and TRON assets identified during tracing, not new theft.
Why it matters
The revised total changes the confirmed scale of the incident, while Bitget says the security breach itself has been contained. The exchange has launched a recovery bounty offering eligible participants 5% of funds they directly help freeze or recover.
Market impact
Bitget will announce its withdrawal resumption plan by 4:00 AM UTC on September 26. The timing and terms of that plan are the next key details for users awaiting restored withdrawals.
Frequently asked questions
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Why did Bitget raise its confirmed incident amount to $387.5M?
Tracing identified additional Zcash and TRON assets. Bitget said the increase does not represent new theft.
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What did Bitget's CEO say about the security incident?
Gracy Chen said the incident is contained and no further unauthorized asset transfers are possible.
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When will Bitget announce its withdrawal resumption plan?
Bitget said it will announce the plan by 4:00 AM UTC on September 26.
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How does Bitget's recovery bounty work?
Eligible participants who directly help freeze or recover funds can receive 5% of the successfully frozen or recovered amount.
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Does the revised $387.5M figure mean more assets were stolen?
No. Bitget said the higher figure reflects additional assets identified during tracing, not new theft.
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