Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
Bitget revised its estimate of assets stolen in the Sept. 24 hot-wallet breach to $387.5 million, up from $351.6 million after tracing identified additional Zcash and TRON transfers. The exchange says no further unauthorized transactions occurred, has patched the vulnerability, and is investigating with Mandiant and SlowMist. Bitget and industry partners have frozen some assets and launched tracing tools and a recovery bounty offering 5% for qualifying freezes and another 5% for recovered funds. Withdrawals remain suspended while systems are validated; Bitget plans to announce a withdrawal plan by Sept. 26 at 04:00 UTC. The company says customer balances remain accurate and its protection fund held more than $464 million, leaving about $76.5 million above the revised loss estimate before recoveries.
