
Nearly 5,000 BTC leaves Bitget as hackers begin laundering $387 million haul
Bitget processed 9,585 Bitcoin withdrawal orders totaling 4,098 BTC after reopening access following its $387.5 million hack.

Stay updated on Bitget news, including exchange growth, product launches, partnerships, listings, and trading platform developments.

XRP withdrawals remained disabled on Sept. 26, while Bitquery's dated trace shows tokens moving onward without a measured spot-market sale.

Sygnum offers bank-held trading collateral to institutional clients, while Bitget's withdrawal pause leaves ordinary balances dependent on its own controls and fund.

The exchange raised its loss estimate after tracing more assets, launched a 5% recovery bounty and kept withdrawals suspended.

Bitget says its $464 million backstop will cover losses, though the final draw depends on recoveries.

The breach lifts reported September thefts above April’s total, making this the costliest month for crypto exploits this year.

Bitget taps xStocks to offer 24/5 trading of tokenized global equities on a blockchain-enabled platform.



