North Korean Hackers Linked to $388M Bitget Crypto Exchange Theft: CEO

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Bitget CEO Gracy Chen attributed approximately $388 million in stolen cryptocurrency to North Korean hackers, highlighting the continued scale and sophistication of state-linked cyber theft. The incident underscores persistent security risks for centralized exchanges and the broader digital-asset ecosystem. For Bitcoin, it reinforces the importance of self-custody, robust exchange security, and transaction-monitoring measures, while potentially increasing regulatory scrutiny of crypto platforms.

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