North Korean Hackers “Very Likely” Drained $350 Million From Bitget, CEO Says
Bitget CEO Gracy Chen said North Korea was “very likely” behind the $350 million Bitget hack. The attackers breached a backend system and never obtained private keys, she added. Withdrawals remain suspended after the September 24 breach. DefiLlama data now ranks it as the largest crypto hack of 2026. Chen Follows a VPN Trail to The post North Korean Hackers “Very Likely” Drained $350 Million From Bitget, CEO Says appeared first on BeInCrypto.
Key Takeaways
- Bitget CEO Gracy Chen said North Korea was “very likely” behind the $350 million Bitget hack.
- The attackers breached a backend system and never obtained private keys, she added.
- Withdrawals remain suspended after the September 24 breach.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says
Bitget lost $351.6 million after attackers compromised a wallet backend, spoofed transaction data, Chen said on X.

Bitget CEO suspects North Korea behind $352M hack, citing IP clues
Bitget CEO Gracy Chen said a preliminary investigation found IP addresses matching VPN choices associated with a DPRK hacking group.

Bitget’s $351.6 million hack pushes September crypto losses to 2026 high
Bitget has suspended withdrawals after unauthorized transfers drained about $351.6 million from a limited number of its hot and warm wallets. The crypto exchange detected the transfers at 18:31 UTC on Sept. 24 and activated its emergency response procedures…