When will Bitget resume withdrawals following the $387.5M security breach?

Bitget will begin a phased restoration of withdrawals starting September 28, 2026, following a security breach that resulted in $387.5 million in lost assets. Bitcoin withdrawals will be prioritized first, followed by Ethereum and USDT over the following days as the exchange remediates its security protocols.
When will Bitget resume withdrawals following the $387.5M security breach?

Bitget users can expect withdrawals to resume in stages starting September 28, 2026, with Bitcoin (BTC) being the first asset available for transfer. According to the exchange's recovery roadmap, Ethereum (ETH) withdrawals across supported networks are scheduled to follow on September 29, while Tether (USDT) withdrawals are set for September 30. Other tokens and fiat services will be restored gradually through October 2, ensuring the platform maintains stability after patching the vulnerability that led to a massive $387.5 million exploit.

The revised loss estimate of $387.5 million—up from an initial $351.6 million—reflects additional assets identified during deep transaction tracing across the Ethereum, XRP Ledger, Zcash, and TRON networks. Bitget confirmed that this increase was not due to a new attack, but rather a more comprehensive accounting of the initial breach. The exchange's internal security team, working alongside forensic experts from Mandiant and SlowMist, has identified the specific attack path used to bypass existing controls and confirmed that the vulnerability is now fully remediated.

To aid in capital recovery, Bitget has launched a recovery bounty program, offering financial incentives to any party whose actions lead to the freezing or retrieval of the stolen funds. The exchange reported that some assets have already been frozen through immediate coordination with industry partners. This move is part of a broader effort to mitigate the damage of one of the largest exchange exploits seen in 2026, which impacted multiple EVM-compatible chains and high-market-cap assets.

For US-based crypto investors and the global market, this incident serves as a stark reminder of the risks associated with centralized exchange custody. While the staged withdrawal plan aims to prevent a liquidity crunch, users should prepare for potential delays or high traffic once the gates reopen. Market analysts will be watching the 'Bitget Bounty' outcomes closely to see if the exchange can successfully claw back the hundreds of millions in stolen crypto, which could set a precedent for exchange-led recovery efforts in the future.

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