CyberSecurity News
Crypto CEO accuses North Korea of stealing $387 million from Bitget platform
AI summary
The CEO of a cryptocurrency company claims that North Korea stole a significant amount of money from the Bitget platform. The stolen amount is reportedly $387 million. To compensate for the loss, the company plans to use its User Protection Fund, which currently holds over $464 million. This fund will be used to cover the losses incurred due to the alleged theft. The company appears to have sufficient funds to absorb the loss. The User Protection Fund is intended to safeguard users' assets in such situations.
This is an AI-generated brief aggregated by HackerFeeds for convenience and grounded in the source’s own summary; the related CVE, threat-group and country data is from HackerFeeds’ own indexes. The original article is the authoritative source — all rights belong to The Record.