An abrupt withdrawal pause raised questions for millions of users, as the company moved to reassure customers about what happens next.

Cryptocurrency exchange Bitget temporarily suspended withdrawals after approximately $351.6 million worth of cryptocurrency was stolen. The company said users’ funds were safe and that it would cover the losses from its own reserves.

As mentioned by Reuters

According to Bitget CEO Gracy Chen, on Thursday, September 24, the exchange detected unauthorized transfers from several of its crypto wallets. The company then temporarily suspended withdrawals.

Withdrawals have been temporarily suspended for security reasons, not because of a lack of funds.

– Gracy Chen

Chen also said that all customer funds…