Bitget attacker conducted test transfers before major theft, CEO reports

2026-09-29

Bitget CEO Gracy Chen stated that the exchange's attacker performed two small test transfers approximately 30 minutes prior to the alleged $388 million theft. This action suggests a potential probing of the platform's security protocols.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

The attacker in a recent theft performed two small test transfers about 30 minutes before allegedly stealing $388 million. This suggests the attacker may have been probing the platform's security before the larger theft.

Key facts

  • The attacker made two small test transfers before the theft.
  • The test transfers occurred approximately 30 minutes before the theft.
  • The attacker's actions suggest an attempt to assess security protocols.
  • The exchange is working with authorities to investigate the matter.
  • The exact vulnerability exploited is still under investigation.

Source: The Block

Reported by VERA Newswire.

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