NewsCryptoBitget Restarts Withdrawals After Security Incident: BTC Open, ETH Set for Sept. 29

Bitget Restarts Withdrawals After Security Incident: BTC Open, ETH Set for Sept. 29

Author: AI Crypto Core·

Key Takeaways

  • •Bitget has reopened Bitcoin withdrawals following a security incident, making BTC the first asset cleared in the exchange's phased recovery.
  • •Ethereum withdrawals are scheduled to resume on September 29, while USDT resumption has no confirmed date as stablecoin reserve verification involves multiple networks.
  • •The staggered reopening reflects asset-specific reserve checks, with stolen ETH routed through THORChain likely prompting additional forensic review.
  • •NEAR Intents reported blocking approximately $50 million in hack-related flows, while AMLBot traced a portion of the stolen Bitcoin to Wasabi CoinJoin mixing.
  • •THORChain's refusal to blacklist hack-related addresses has complicated recovery efforts, and the incident underscores custody risks for automated wallets relying on centralized exchanges.
Bitget Restarts Withdrawals After Security Incident: BTC Open, ETH Set for Sept. 29

Bitget has begun restoring customer withdrawals on a staggered, asset-by-asset schedule following a recent security incident. Bitcoin withdrawals are already open for outbound transfers, Ethereum is scheduled to follow on September 29, and USDT resumption is set for a later phase with no confirmed date.

Withdrawal Status by Asset

According to CryptoSlate's coverage of the exchange's statement, BTC withdrawals went live as of the announcement, making Bitcoin the first asset cleared for user access in the post-incident recovery. Ethereum is slated for September 29, while no specific date has been supplied for USDT resumption.

Current withdrawal status:

  • BTC: Open- ETH: Scheduled — September 29, 2026
  • USDT: Pending — no date confirmed

The sequencing reflects asset-specific reserve verification timelines. This asset-by-asset approach is a familiar pattern in exchange incident response, with each asset's reserves checked before its outflows are switched back on. Bitget's decision to open Bitcoin first is consistent with the attacker's subsequent on-chain activity, which involved ETH routed through THORChain. That routing likely required additional forensic review before the exchange could certify its ETH reserves.

What the Phased Schedule Means for Users

Users holding ETH on Bitget should be able to initiate withdrawals from September 29, though the exchange has not published a precise UTC time for the window. Availability could shift if additional issues surface during the ongoing security review, so verifying status in-app or via official Bitget channels before initiating a transfer remains the safest approach — the exchange's own announcements, not third-party summaries, are the authoritative source for reopening times.

USDT holders face the longest wait, with no confirmed date. Because Tether circulates across multiple networks, including Ethereum and Tron, reserve verification for stablecoins carries more operational complexity than for a single-chain asset such as Bitcoin — a factor that may explain the absence of a USDT timeline in the initial announcement.

Broader Security Context

Several concurrent investigations are tracking the stolen funds. NEAR Intents reported blocking approximately $50 million in hack-related flows, and AMLBot traced a portion of the stolen BTC to Wasabi CoinJoin mixing, indicating the attacker is actively attempting to obscure the origins of the funds. Meanwhile, THORChain's refusal to blacklist hack-related addresses has extended the complexity of asset recovery efforts across decentralized routing layers. The milestones to watch from here are the September 29 ETH reopening, a confirmed USDT date from Bitget, and further on-chain tracking updates as investigators follow the funds.

For decentralized AI infrastructure and agent-operated wallets that route liquidity through centralized exchange rails, the incident underlines the operational risk of custody concentration. Exchange-level withdrawal halts create hard blockers for any autonomous agent holding assets on an affected platform — a gap that on-chain settlement layers and non-custodial protocols are positioned to address as institutional AI agent deployment scales.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.