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Bitget CEO Gracy Chen said the exchange is preparing to resume withdrawals suspended after a hack, but the exact timing has not been set.
Chen said the attack differed from security incidents seen at some other exchanges, adding the current investigation suggests the hacker did not act through a private-key leak but instead bypassed parts of Bitget’s system to execute withdrawals. Bitget said it has completed all measures needed to prevent further damage and does not expect additional attacks. Chen also raised the possibility that a North Korean hacking group was behind the incident, saying some IP addresses matched VPN choices used by a specific North Korean hacking organization and the pattern was similar to past attacks linked to North Korea. Chen added that some of the stolen funds had been recovered, but did not disclose the amount.