Bitget crypto exchange suffers $387.5M hack, suspected North Korean link.

Bitget issued a regulatory action on September 25, 2026.

Primary

Bitget

Amount

$388M

Date

September 25, 2026

Sub-sector

Crypto / Stablecoin

Highlights security risks and operational fragility in crypto infrastructure—relevant for founders building custody, KYC, or compliance layers serving crypto platforms, but Bitget's scale makes this a cautionary tale rather than an M&A signal.

Primary company

Bitget

Counterparty

Not disclosed

Amount

$388M

Event date

September 25, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com