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Bitget halts withdrawals after $351.6M unauthorized crypto transfers from hot and warm wallets

Market News
24 Sep 2026
Tokenpost
View Source
Bearish
Bitget halts withdrawals after $351.6M unauthorized crypto transfers from hot and warm wallets

Bitget experienced unauthorized transfers totaling approximately $351.6 million from parts of its hot and warm wallet infrastructure on September 24, leading the exchange to suspend withdrawals while investigating the incident. The suspicious transfers were detected at 2:31 p.m. ET, but deposits and trading operations continued normally, with cold wallets remaining secure. Bitget's User Protection Fund holds over $464 million, exceeding the estimated loss, and the exchange has flagged related addresses, informed law enforcement, and engaged blockchain security firms. A full incident report detailing the cause and corrective actions is expected within 24 hours.

Bitget's recent security breach is notable, while Pluang's market data shows strong cryptocurrency performance. For readers following crypto markets, here is Pluang's snapshot as of Sep 25, 2026 04:21 WIB: 45 of 50 major cryptocurrencies rose today. Compound (COMP) increased 10.39% to Rp430.524 with 99% buy orders and a typical hold time of 97 days. Chainlink (LINK) rose 8.77% to Rp236.142, with 60% sell orders and a 63-day hold. Filecoin (FIL) gained 8.72% to Rp17.891, with 62% sell orders and a 99-day hold.

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