North Korean hackers suspected in $351M crypto theft, the largest so far this year
Suspected North Korean hackers stole about $351 million in crypto from Bitget hot wallets.
Cryptocurrency exchange Bitget said attackers made unauthorized transfers from its internet-connected hot wallets on Thursday, stealing more than $351 million. CEO Gracy Chen said the heist was highly consistent with known North Korean hacker patterns. Bitget suspended crypto withdrawals and said its $464 million user protection fund should cover the loss. TRM Labs attributes about three-quarters of 2026 crypto thefts to North Korea; this is the largest known digital-currency heist of the year, above a $340 million September hack.
- More than $351 million was taken from Bitget hot wallets.
- Bitget suspended withdrawals and cited a $464 million protection fund.
- CEO Gracy Chen linked the theft to North Korean hacker patterns.
- TRM Labs says North Korea accounts for most 2026 crypto thefts.
- ATT&CK
- T1657 Financial Theft
- Threat actors
- North Korean threat actors
- Victims
- Bitget
- Countries
- North Korea
From the original article
1 min read at techcrunch.com
The $351 million theft from crypto exchange Bitget is the latest in a string of high profile hacks targeting the crypto sector.
By Zack Whittaker · techcrunch.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.