​Cryptocurrency exchange Bitget disclosed today that suspected North Korean hackers have stolen $351.6 million from its hot and warm wallets.

The company discovered the breach Thursday evening after its security systems flagged multiple unauthorized transfers from a limited number of crypto wallets.

Bitget has temporarily suspended all withdrawals while investigating the incident with help from law enforcement agencies, on-chain security institutions, and cybersecurity experts at Mandiant and SlowMist.

It also said its self-custodial Bitget Wallet was not affected, as it operates on infrastructure independent of Bitget Exchange and was not impacted by the attack, and added that the User Protection Fund (which holds 5,500…