Bitget CEO Gracy Chen said on X that the attacker stole funds by breaching a critical backend system tied to the exchange’s wallet infrastructure, forging transaction data, and bypassing approval procedures. Chen said the incident was not caused by a private key leak. She also wrote that the company had confirmed there had been no additional abnormal outflows of funds.
Bitget said it is preparing to restore withdrawal services and has identified part of the attacker’s withdrawal routes. The company added that previously reported loss figures may be revised upward. The update was cited by CoinPost and carried by Techub as a market analysis flash item.
Bitget CEO Gracy Chen said in a post on X that the attacker stole funds after compromising a critical backend system within the exchange’s wallet infrastructure, forging transaction data, and bypassing approval procedures.
Chen denied that the incident involved a private key leak. She said the company had confirmed there were no further abnormal fund outflows. Bitget also said it is preparing to restore withdrawals and has traced part of the attacker’s withdrawal routes. Previously reported loss figures may be revised upward.
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