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Tweet by GracyBitget:

This morning, I did a live stream with everyone for over three hours. Here's a summary of the key points discussed during the live stream:

① Bitget Security Incident: 12-Hour Progress Update. The following is specific information, without any official jargon.

② Affected assets include ETH, XRP (single-chain loss is the largest), BNB, AVAX, USDT, USDC, and other tokens. Involved chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, Base. All on-chain cold wallets have been confirmed secure and unaffected.

③ We have contacted the foundations of all affected chains, and some foundations have confirmed the freezing of hacker wallet addresses. We are fully following up on all feasible channels and will continue to announce the latest progress.

④ Based on IP behavior patterns and on-chain analysis, the attack method in this incident is highly consistent with known patterns of North Korean hacker organizations. We have reported to relevant institutions and are fully cooperating in conducting a global investigation.

⑤ Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it whatsoever. Bitget Wallet assets are completely secure.

⑥ Transparent Explanation on Platform Financial Status: In addition to the over $464 million protection fund (all stored in publicly verifiable wallet addresses), Bitget's proprietary assets exceed $1 billion. User funds are covered at a 1:1 ratio, and both the protection fund and user asset data can be verified on-chain.

⑦ Regarding withdrawal recovery timeline: Our goal is to complete a full recovery as soon as possible. We will announce the specific time window immediately upon confirmation. We will not commit to timelines we cannot deliver on. 
Tweeted at Sep 24

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