SlowMist says malicious activity tied to Bitget's $388 million hack began on Aug. 31, before hot wallets were drained on Sept. 24. The timeline points to a gap of more than three weeks between the activity and the wallet losses.
Why it matters
The reported sequence makes the period before the Sept. 24 drain an important part of the investigation. For exchange security, identifying when malicious activity began can help clarify how an incident developed and where defenses may have failed.
Market impact
The seed does not specify how the incident affected Bitget customers or trading. The investigation's account of the activity and the hot-wallet drain will be key to understanding the hack's scope and security implications.
Frequently asked questions
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When did SlowMist say malicious activity tied to the Bitget hack begin?
SlowMist says it began on Aug. 31.
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When were Bitget's hot wallets drained?
The hot wallets were drained on Sept. 24.
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How long was the gap between the reported activity and the wallet drain?
The reported activity began more than three weeks before the Sept. 24 drain.
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What makes the period before the drain important to the investigation?
The timeline puts the activity before the wallet drain at the center of understanding how the incident unfolded and where defenses may have failed.
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Does the report specify customer losses or trading effects?
The details provided do not specify customer losses or effects on trading.
CoinTelegraph