• 02 10月 2026 · 16:57 UTC · body · New information from a source

  • Bitget has frozen only a small portion of the funds taken in the hack and has restored most of its protection fund, according to the CEO's comments to CNBC.
  • The exchange's limited recovery prospects suggest the stolen assets may be largely unrecoverable through standard channels.
  • Bitget has frozen only a small fraction of the $387.5 million stolen from the exchange, according to CNBC.
  • The exchange's CEO told CNBC he is "not expecting to recover a lot" of the funds, though Bitget has restored much of its protection fund, the outlet reported.
  • Chainalysis has linked the hack to North Korea, according to The Defiant.
  • The firm said the theft pushes North Korea-linked crypto thefts above $1 billion for the year, per The Defiant.
  • Onchain records cited by The Defiant show the stolen XRP being swapped through THORChain.
  • The incident adds to a string of large-scale thefts attributed to North Korean hacking groups, which have targeted exchanges and protocols as a means of generating revenue, according to Chainalysis as cited by The Defiant.

• 02 10月 2026 · 16:57 UTC · summary · New information from a source

  • Bitget's CEO told CNBC the exchange is not expecting to recover most of the $387.5 million stolen in last week's hack.
  • Bitget's CEO says he doesn't expect to recover much of the $387.5 million stolen in a hack that Chainalysis has linked to North Korea.

• 02 10月 2026 · 16:57 UTC · headline · New information from a source

  • Bitget expects little recovery from $387.5 million hack, CEO says
  • Bitget CEO Says Recovery Unlikely After $387.5 Million Hack Linked to North Korea

Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.