Just Days After the Hack, Scammers Were Still Targeting Bitget's CEO
Quick favor: We’re deciding what Unchained does next; new shows, stream times, what’s worth paying for. Our listener survey (https://unchainedcrypto.com/survey) takes five minutes, it’s anonymous, and I read the write-in answers myself. Everyone who takes it can enter a drawing for a free year of Unchained Premium or Bits + Bips Premium. Open through Sunday, October 18. — Laura After hackers took about $388 million from Bitget, CEO Gracy Chen walks through what the exchange has changed: isolating servers, reissuing internal credentials, and requiring multiple approvals for critical operations. She says crypto teams need to run far more checks on third-party vendors than Bitget did. She also describes how scammers formed a team posing as a major investment firm to approach her after the hack, and why an unfamiliar livestream platform should set off alarms. Host: Laura Shin - Founder, CEO and Host of Unchained - https://x.com/laurashin Guest: Gracy Chen - CEO of Bitget - https://x.com/GracyBitget This clip is from a longer conversation on the $388 million Bitget hack and its aftermath. Full episode here:https://youtu.be/zHIuaLddK10?si=aE3Zjpaa-3Oq9Ylh We go live twice every week - subscribe to catch it live. 👉 Visit 1inch to swap tokenized securities, crypto and more. Simple. Secure. Self-custodial. Whatever asset you’re buying - swap it at http://unchainedcrypto.com/go/1inch-sn Chapters: 🔒 00:00 What Bitget changed after the hack: isolated servers and new credentials 🔍 02:41 Why Gracy says crypto teams need far more checks on third-party vendors 🕵️ 03:59 Was the fake investor approach DPRK or ordinary scammers? 🎯 06:09 How North Korea-style social engineering targets public faces in crypto 🎭 07:49 The scammers who formed a full team to impersonate an investment firm 🚩 08:38 Why an unfamiliar livestream platform is a social engineering red flag _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!
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