Bitget confirmed a security breach involving unauthorized transfers worth $352 million, according to Cointelegraph. The crypto exchange said the incident was limited to a small number of hot wallets, which are connected to online systems. Bitget added that its cold wallets and most assets held on the platform were not affected. The exchange also suspended withdrawals following the breach. The incident may be relevant to market participants tracking crypto assets, including ACH, FORM, HOT, AIN, ASSET and WAL, although the supplied information does not indicate that any of these assets were directly involved. No further details on the affected tokens, the timing of the transfers or the expected duration of the withdrawal suspension were provided in the source material.
