Bitget Says Attacker Exploited Third-Party Security Product Flaw to Steal $388M

The attacker who stole about $388 million from the cryptocurrency exchange Bitget gained access through a vulnerability in a third-party security product the exchange used, Bitget said on Monday.

The attacker exploited the flaw to obtain high-level internal credentials and then, on September 24, used them to send fraudulent withdrawal commands to Bitget's wallet system.

Exchanges keep most