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6.6

Bitget resumes BTC withdrawals after $387.5M North Korean-linked heist

Bitget restored Bitcoin withdrawals after a suspected North Korean state-backed hack drained over $350 million (reported as $387.5M) from its systems last week. The breach underscores persistent vulnerability of centralized exchanges to DPRK cyber operations, which continue to fund state programs. Withdrawal resumption signals partial recovery, but full impact and fund recovery remain uncertain.

BleepingComputerabout 21 hours agoKP, SGengCredibility 17%View source

Score Breakdown

Mosaic Score6.6
Model confidence0.5
Significance0.8
Source credibility0.2

Intelligence Tags

Locations

Singapore

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countrycountrymarket
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