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Bitget Just Spilled On A $351M Hot Wallet Breach Yet Swears Your DeFi Bags Stay Safe 🌑🖤

Bitget just got hit with a sneaky hot wallet drain pulling out $351.6 million in assets at 18:31 UTC on September 24 and their security flags went off instantly lol 🖤

The Twist on What Bitget Claims Happened 😈

Their CEO Gracy Chen spilled that they run a three tier wallet setup and only a slice of the hot plus warm layers got touched while the cold vaults holding most of the coins stayed safe fr 👾 Their emergency team jumped on the shady wallet addresses within minutes and the whole shortfall drops under their User Protection Fund which sits over $464 million anyway so user balances hold steady even tho withdrawals are paused rn 🌑 They are not dodging this and every single dollar gets covered she posted with a full report dropping inside 24 hours 💀 The attacker slipped into a backend wallet system to fake transaction data and bypass auth but private keys were never compromised so containment is locked in 🕸️

Lazarus Group Might Be The Culprit 🔪

On chain sleuth Specter pointed straight at the North Korea tied Lazarus Group and analyst Conor Grogan backed it up saying they usually hit on weekends but snatched the exploit window anyway 🦇 This stacks on a wild stretch where $1.1 billion vanished across 212 hacks in the first half of the year and over half traces back to Lazarus already 🩸
Just another echo from the void by iconofsin.eth 💖

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