Bitget's BTC withdrawal has been opened. We just conducted a small test and it took 20 minutes for the funds to arrive. We are not sure what the large amount is like. Friends who are in a hurry to use money can withdraw in BTC first. This is the first security incident since Bitget was founded 8 years ago, but fortunately the amount of damage is smaller than that of the user protection fund and can be compensated. In Bitget's live broadcast just now, it was clearly stated that all losses this time will be borne by the user protection fund, and they will use their own funds to replenish 300 million US dollars within a week. According to on chain data, BTC has been gradually transferred from the protection fund to the hot wallet for withdrawal. According to the live broadcast description, the reason why this hacker behavior was discovered relatively late is that the hacker took advantage of a vulnerability in a third-party platform to steal internal network credentials and invade the system. They directly wrote forged withdrawal commands into the wallet system, thereby bypassing risk control. The private key and cold wallet themselves were not affected, and the hacker deleted the forged withdrawal commands after each withdrawal, which not only covered up the attack behavior, but also made it very difficult for subsequent investigations, resulting in more time being spent on security checks of all internal systems.