Bitget CEO Gracy Chen publicly stated during a live broadcast regarding the platform's attack incident that the platform is currently preparing to restore withdrawals, but there is no accurate timeline for recovery yet. Both internal and external technical teams at Bitget are working together to identify the issues and develop solutions, hoping to restore related services as soon as possible. Gracy Chen mentioned that the method of attack in this theft incident is different from previous security events that have occurred at some exchanges. According to the current investigation, the hackers did not execute the attack through key leakage but instead bypassed certain systems and initiated withdrawals through the system. She stated that key leakage is the worst-case scenario, but this incident is not one of those. Due to the involvement of multiple cryptocurrencies and blockchain networks in this incident, Bitget cannot directly reopen withdrawals for the time being. They need to confirm that funds are completely secure and develop a more reliable handling plan before resuming. Gracy Chen indicated that the platform has completed a comprehensive stop-loss and that no further attacks will occur; withdrawals will be reopened once security issues are more definitively addressed.
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Bitget CEO: Recent Platform Attack Not Due to Key Leak, No Accurate Time for Withdrawal Recovery
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On September 25, Bitget CEO Gracy Chen publicly addressed the platform's recent attack during a live stream, stating that the platform is currently preparing to restore withdrawals, but there is no accurate timeline for recovery yet. Both internal and external technical teams at Bitget are working to identify the issues and develop solutions, aiming to restore relevant services as soon as possible. Gracy Chen noted that the method of attack in this theft incident differs from previous security events experienced by other exchanges. According to the current investigation, hackers did not execute the attack through key leaks; instead, they bypassed certain systems and initiated withdrawals through the system. She mentioned that a key leak would be the worst-case scenario, but this incident is not one of those. Due to the involvement of multiple cryptocurrencies and blockchain networks in this incident, Bitget cannot directly reopen withdrawals for the time being. Withdrawals will only be restored after confirming that funds are completely secure and a more robust handling plan is established. Gracy Chen stated that the platform has completed a comprehensive loss prevention measure and that no further attacks will occur; withdrawals will be reopened once the security issues are more definitively addressed. -
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