Bitget suffered losses of $387.5 million after an attacker used fake internal transfer requests to move funds from the exchange’s hot and warm wallets, according to Decrypt. The incident involved the manipulation of requests that appeared to originate within the platform, allowing the attacker to drain assets held in the two wallet categories. Bitget’s chief executive said the fingerprints of the attack resemble those associated with Pyongyang, making North Korea a suspect. The attribution remains framed as a suspicion rather than a confirmed finding in the supplied report. The scale of the loss places the event among significant crypto-exchange security incidents, while the use of forged internal requests highlights the risks surrounding operational controls and wallet management. No further details on the affected assets, the attacker’s identity, or any recovery effort were provided.
