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Bitget CEO points to possible DPRK link in $352M hack

Bitget CEO Gracy Chen said preliminary findings from a $352 million hack showed IP addresses matching VPN choices associated with a DPRK-linked hacking group. The attribution remains unconfirmed, according to the Cointelegraph report.

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Bitget CEO points to possible DPRK link in $352M hack

Bitget CEO Gracy Chen said a preliminary investigation into a $352 million hack identified internet protocol addresses that matched virtual private network choices associated with a hacking group linked to the Democratic People’s Republic of Korea (DPRK). Chen’s comments, reported by Cointelegraph, indicate that the suspected attribution remains based on early investigative findings rather than a confirmed conclusion. The report did not provide further details on the affected platform, the timing of the incident, or any direct connection to MINA or ORE. Market participants tracking those assets should treat the information as a cybersecurity attribution report, not as evidence of a specific impact on either token. The investigation’s preliminary status means the suspected origin of the attack could change as additional evidence is reviewed.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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