TREE NEWS update: Bitget CEO Gray Chen said on-chain tracking confirmed the attacker’s address received $387.5 million in the Sept 24 security incident, up from the previously disclosed $351.6 million. The revised figure incorporates Zcash and TRON assets that were not fully counted earlier and does not represent newly stolen funds, Chen said, adding that no unauthorized transfers have occurred since and the situation remains under control. A withdrawal plan will be announced on Sept 26.
Bitget Raises Stolen Funds Estimate to $387.5M, Withdrawal Plan Due Sept 26
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AI take
The revision matters less as a new loss than as evidence that Bitget's accounting is still catching up with the attacker's footprint, which is itself a credibility signal for an exchange managing user confidence after a breach. The disclosed Sept 26 withdrawal plan is the real test: a credible, orderly reopening would distinguish this from incidents where withdrawals stall and doubts compound. Whether the exchange can honor that timeline without further restrictions is the open question.
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