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Incident record · Under review

Bitget Wallet COO: Security incident

Bitget Wallet COO Alvin Kan has called for clearer transaction permissions and wallet recovery controls following Bitget Exchange’s reported $387.5 million breach, saying direct ownership must come with safeguards users can understand. Alvin Kan, chief operating officer of Bitget Wallet,…

StatusUnder review
Reported loss$387.5M
ChainNot specified
Confidence55%

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

Record history

First seen: 2026-10-06T18:47:16.000Z. Last updated: 2026-10-07T05:51:16.056Z. Revision: 1.