Bitget Confirms It Was Tricked Into Approving $388M Theft

The upward revision matters less than the admission itself: this was an authorized-looking transfer, not a breached wallet, which puts the burden on operational controls rather than smart-contract security. Users of the exchange face the immediate question of withdrawal access, with the stated deadline the first concrete signal of how contained the damage is. The open question is whether other venues treat this as an isolated approval-flow failure or a broader pattern worth auditing.