A cyberattack drained approximately $387.5 million from the Bitget exchange on September 24, 2026, making it the largest digital asset theft of the year. The stolen funds were laundered through Discord servers and Telegram groups, highly public platforms unusual for such operations, according to blockchain investigator ZachXBT. The actors involved have been linked to North Korean-affiliated groups TraderTraitor and Lazarus, also suspected in the $292 million Kelp DAO hack earlier in 2026. Bitget has retained forensic firms Mandiant and SlowMist to investigate and trace the stolen assets. The exchange immediately suspended withdrawals following the breach, gradually resuming them from September 28, while committing its $464 million User Protection Fund to cover user losses.
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