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Bitget to Restore Withdrawals in Phases From Sept 28 After Security Fix

Bitget will restore withdrawals in phases starting Sept 28 at 08:00 UTC with the Bitcoin network, followed by ETH on Ethereum, BSC, Arbitrum, Base and Optimism on Sept 29, USDT on Ethereum, BSC, Solana and Tron on Sept 30, and other tokens, fiat and P2P on Oct 2. The exchange said the vulnerability behind its Sept 24 security incident has been identified and fixed, with Mandiant and SlowMist assisting; user balances are unaffected and its protection fund will cover the financial impact.

Original source

AI take

The staged, network-by-network restart is the tell: Bitget is prioritising the chains with the deepest liquidity and the most user exposure first, which suggests the fix is being validated under real load rather than declared complete. Naming Mandiant and SlowMist, and confirming the protection fund absorbs the hit, addresses the two questions that follow any exchange breach — was it contained, and who pays. The open question is whether the phased schedule holds without further delay, since slippage there would say more about residual risk than the disclosure itself.

Generated by AI for reference only.

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