North Korean Suspects in Bitget's $351.6M Multi-Chain Crypto Heist
Bitget's hot and warm wallet compromise shows attackers moved beyond credential theft into backend transaction-signing infrastructure. Multi-chain impact across Ethereum, XRP Ledger, Arbitrum, and others totals $351.6M, with North Korean groups suspected. The $464M User Protection Fund covers losses, but withdrawal suspension signals ongoing containment.
Source: BleepingComputer · TechCrunch