Bitget hacker withdraws $1.23M from Binance, funnels funds to attacker-controlled wallet
A wallet linked to the Bitget exploit moved $1.23 million from Binance. That transfer happened before Bitget planned to reopen Bitcoin withdrawals after a security incident it now values at about $387.5 million.
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Users and traders who follow Bitget notices will see that Bitcoin withdrawals were still scheduled to reopen after the security incident, while a linked wallet was moving funds from Binance. That means the incident is still active in the public record as Bitget manages the reopening around a newly stated loss estimate of about $387.5 million.
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Thefts of a similar size
| When | What happened | Figure |
|---|---|---|
| 2.8 years ago | Telcoin · Uninitialized Proxy incident | $1.2M |
| 2.9 years ago | Samudai incident | $1.2M |
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| 2 months ago | Radix incident | $1.2M |
| 6 months ago | CowSwap incident | $1.2M |
4197 incidents stored · 870 were as large as this one or larger ($1.2M)