Yulia Slavina

Over 4,098 BTC withdrawals processed following attack, Gracy Chen confirms

Over 4,098 BTC withdrawals processed following attack, Gracy Chen confirms
Bitget processes 4,098 BTC withdrawals

Gracy Chen, chief executive officer (CEO) at Bitget, provided a quick update following a recent incident involving the platform.

Chen reported that 9,585 withdrawal orders totaling 4,098.036 BTC have been processed live on Bitcoin Mainnet and BSC as of 17:00 UTC+8, with ETH, USDT, and others to follow in phased rollouts starting tomorrow. She added that the platform has completed a full trace-back and identified that the attacker exploited a specific vulnerability.

Chen has previously commented on Bitget's expansion into tokenized stocks and AI futures in recent statements. She has also assessed how markets respond to U.S. Federal Reserve communications following Jackson Hole meetings, as noted in past coverage. These events highlight Chen's ongoing engagement with both market developments and technological innovations at the exchange.

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