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#Sygnum Bank

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Swiss Bank Shields Bitget Institutional Clients as Retail Funds Remain Frozen
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Swiss Bank Shields Bitget Institutional Clients as Retail Funds Remain Frozen

Key Highlights Bitget confirmed a Sept. 24 wallet breach that transferred approximately $387.5 million in assets to attacker-controlled addresses, affecting hot and warm wallet layers while cold wallets remained secure. Sygnum Bank’s Protect service offers Bitget institutional clients an off-exchange custody route where pledged collateral—including Bitcoin, Ethereum, stablecoins, and U.S. Treasuries—is held in segregated, bankruptcy-remote ...