Bitget Hack Attributed to North Korean Actors: $387 Million Stolen

• •Bitget lost approximately $387 million due to a hack attributed to North Korean actors.
• •The attack involved unauthorized transfers from hot and warm wallets, executed within three hours.
• •Chainalysis utilized AI to trace the stolen funds across multiple blockchains rapidly.

On September 24, 2026, the crypto exchange Bitget experienced a significant hack, resulting in the theft of approximately $387 million in various cryptocurrencies. The attack was attributed to North Korean-linked actors by Chainalysis, which noted that the stolen funds were transferred across 23 transactions within three hours. Initially estimated at $351.6 million, the total loss increased as more stolen assets were identified. The breach involved unauthorized transfers from Bitget's hot and warm wallets, with the attackers using techniques consistent with previous DPRK hacking incidents. Chainalysis developed AI tools to trace the stolen funds across multiple blockchains, significantly reducing the time needed for tracking from over 20 hours to under 10 minutes. This incident marks a continuation of North Korea's aggressive cyber theft strategy, which has reportedly exceeded $1 billion in crypto thefts for 2026 alone.