North Korea Suspected in $351 Million Bitget Crypto Heist
Bitget says attackers stole about $351.6 million from hot wallets using methods resembling North Korean hackers.
Bitget said attackers stole roughly $351.6 million in ETH, XRP, BNB, AVAX, USDT and USDC from a small number of hot wallets on September 24. Cold wallets and the separately hosted Bitget Wallet were untouched, and the company says private keys were not compromised. CEO Gracy Chen said IP behavior and on-chain patterns closely match known North Korean hacker methods, but named no specific group. How entry occurred is still unknown: a critical backend wallet system was abused to approve fraudulent transfers, and Mandiant and SlowMist are investigating.
- About $351.6 million was taken from Bitget hot wallets on September 24.
- Stolen assets included ETH, XRP, BNB, AVAX, USDT and USDC.
- Cold wallets, Bitget Wallet and private keys were not compromised.
- Bitget cites North Korean-style patterns; Mandiant and SlowMist are investigating.
- Products
- Bitget Wallet
- Threat actors
- North Korean threat actors
- Victims
- Bitget
- Countries
- North Korea
From the original article
1 min read at securityweek.com
Bitget’s security systems caught the unauthorized transfers on September 24, and some wallet addresses linked to the attacker have been frozen. The post North Korea Suspected in $351 Million Bitget Crypto Heist appeared first on SecurityWeek.
By Eduard Kovacs · securityweek.com
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