Crypto exchange Bitget has paused withdrawals after $350 million was stolen in a hack. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, Bitget announced the temporary suspension of withdrawal operations following the incident. The amount stolen is estimated at $350 million.
Exchange representatives said efforts are underway to resolve the situation, but withdrawals have been temporarily halted for security reasons. No further details about the circumstances of the incident or the investigation have been disclosed yet.