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Bitget CEO suspects North Korea behind $352M hack, citing IP clues

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 13 Views

Bitget CEO suspects North Korea behind $352M hack, citing IP clues

Bitget CEO Gracy Chen said a preliminary investigation found IP addresses matching VPN choices associated with a DPRK hacking group.

Bitget CEO Gracy Chen said North Korean hackers may be behind the exchange’s $351.6 million security breach on Thursday, citing preliminary findings linking IP addresses to VPN services used by a North Korean group.&

Speaking during a live Q&A following the incident on X, Chen said security investigators had flagged similarities with previous North Korean attacks. She said the exchange did not believe the breach was an inside job.&

“We’ve identified some IP addresses that match the VPN choices by a certain DPRK group,” Chen said, referring to the Democratic People’s Republic of Korea.

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