Bitget Raises Amount Involved in Security Incident to $387.5 Million and Launches Asset Recovery Bounty Program

TechFlow reports that on September 25, Bitget CEO Gracy Chen released a 24-hour update on the security incident, confirming via latest on-chain tracking that attacker addresses received assets worth approximately $387.5 million, an increase from the previously disclosed $351.6 million. This adjustment stems from further accounting of transactions during the incident, newly incorporating Zcash and TRON assets, rather than additional funds being stolen. No further unauthorized transfers have been detected, and the situation remains under control. Mandiant and SlowMist are continuing their forensic investigation.

Bitget has simultaneously launched a bounty program for asset recovery, offering a 5% reward for proactively freezing attacker funds and another 5% for proactively assisting in fund retrieval, with previously completed fund freezes also qualifying for rewards. The platform has also opened a real-time fund tracking dashboard, a submission portal for information, and an attacker address API, and supports submitting relevant tips via Bybit’s LazarusBounty platform.

Additionally, Bitget is working to restore withdrawals and stated it will announce specific withdrawal resumption plans before 12:00 Beijing Time on September 26.