BITGET HALTS WITHDRAWALS — $351.6M HOT WALLET BREACH
Bitget pulled the plug on withdrawals after hackers drained $351.6M from its hot wallet—cold storage untouched but the timing kills liquidity for anyone trying to move coins out today. Exchange security theater just got real expensive; traders holding bags on Bitget are watching the exit door lock behind them.
Major exchange security incident with specific dollar amount; cold wallets safe but liquidity event impacts traders now.
Originally headlined: Bitget Suspends Withdrawals, Says $351.6 Million Affected In Hot Wallet Breach