Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Price Analysis
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    Grand Theft Auto VI artwork featuring Jason and Lucia behind Bitcoin, Ethereum, and Solana coins.
    GTA 6 Trailer Launched: Is Rockstar Bringing Crypto Into the Game?
    HEX founder Richard Heart wearing a gold patterned Versace hoodie during an interview
    Who Is Richard Heart? From HEX Crypto Millions to Istanbul Detention
    Gold Bitcoin coin with a CPI U.S. Inflation chart and Federal Reserve building
    US CPI Data: Inflation May Hit 3.7%, What to Expect for Bitcoin?
    Cracked Ledger hardware crypto wallet with exposed circuit boar
    Ledger CryptoBilis Hack Explained: $93M Stolen, Wallets Tampered
    Hunter Biden’s $LAPTOP Post-Mortem: What Went Wrong With the Token Launch
  • Opinion
    OpinionShow More
    Donald Trump speaking at a presidential podium with the White House and U.S. Capitol building in the background.
    Trump Just Declared the Super Intelligence Era in the “Unites States.” So Who Controls It?
    Comparison of Bybit 12-hour, Bitget 85-hour, and WazirX 463-day response timers
    Bitget, Bybit Paid in Hours; WazirX Lost Least in Hacks at $235M, Held Users Hostage for 463 Days
    Jackson Hole 2026: Crypto Is No Longer Outside the Fed’s Door
    Jackson Hole 2026: Crypto Is No Longer Outside the Fed’s Door
    The Architecture of Trust Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust: Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust What 4,000 Years of Trade Teach Us About RWA Tokenisation
    The Architecture of Trust: What 4,000 Years of Trade Teach Us About RWA Tokenisation
  • Learn
    • Explained
    • How To
    • Insights
  • IndicesNew
    • India USDT Premium Index
    • India USDC Premium Index
  • Videos
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • Daily Crypto Puzzles
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Price Analysis
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • IndicesNew
    • India USDT Premium Index
    • India USDC Premium Index
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
    • Daily Crypto Puzzles
  • Videos
  • Glossary
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Industry

Bitget Discontinues Services for Certain Users in One-Off Exercise, Says Funds Remain Safe

Bitget has not disclosed how many accounts are affected or why, with the move following service exits in Japan and France and a $387.5 million security incident in September.

Written By Dishita Malvania
Published 44 minutes ago
Make The Crypto Times preferred on GoogleGoogle
Bitget Discontinues Services for Certain Users in One-Off Exercise, Says Funds Remain Safe

Bitget, the Seychelles-based centralized cryptocurrency exchange, said on Saturday, October 17, 2026, that it will discontinue services for certain users while the rest of its platform continues to operate normally. The exchange described the move as “a one-off exercise for certain users only” and told users that their funds remain safe.

Bitget announced this in a post on X, the social media platform formerly known as Twitter. The exchange did not disclose how many accounts are affected, what criteria were used to select them, or the specific reason behind the decision.

AI Summary
Show
Bitget’s selective account shutdown underscores growing regulatory pressure on crypto exchanges worldwide.
Recent exits from Japan, France, and now unknown users reflect tightening global compliance under MiCA and local laws.
Security breach loss of $387.5 million and subsequent user restrictions highlight heightened operational risks for centralized platforms.

What Affected Bitget Users Need to Know

According to the post, affected users will receive direct notifications through email, in-app messages and/or push notifications. These notices will set out the next steps, relevant deadlines and withdrawal arrangements for each account.

Bitget said users who have not received an official notification can continue to use their accounts as usual, subject to the platform’s Terms of Use. The exchange added that its customer support team remains available to answer questions about withdrawals, pending orders and other account matters.

The Terms of Use define a list of “Prohibited Countries” where Bitget does not offer its services, and allow the exchange to designate additional locations from time to time. Bitget has not said whether the October 17 action is connected to that list.

The post also carried a security reminder. Bitget urged users to rely only on its official website, app, Support Center and verified social media channels, and to stay alert to phishing links, which are fraudulent links designed to steal login credentials or funds, as well as accounts impersonating the exchange.

Bitget Exited Japan and France Earlier in 2026

The latest notice follows two country-specific service withdrawals by Bitget this year, both of which the exchange attributed to regulatory compliance.

In August 2026, Bitget announced that it would cease offering services to residents of Japan as part of its efforts to comply with Japanese regulations. The exchange stopped accepting new registrations from Japanese residents after August 3, 2026. Users who believe they were wrongly classified as Japanese residents must complete Level 2 Identity Verification, a proof-of-address Know Your Customer (KYC) check, by November 1, 2026. Restrictions on Japanese residents’ accounts begin on that date, and any remaining positions will be forcibly closed on December 31, 2026.

As The Crypto Times reported at the time, accounts classified as belonging to Japanese residents will enter close-only mode, which bars users from opening new positions, from 11 a.m. Japan Standard Time (JST) on November 1, while cryptocurrency withdrawals are expected to remain available.

In Europe, Bitget stopped accepting new sign-ups from residents of France and Germany on January 16, 2026. In the same notice, the exchange said it would end all services for French residents following discussions with the Autorité des marchés financiers (AMF), France’s financial markets regulator.

A separate Bitget notice said the exchange would stop accepting new orders from French users on March 16, 2026, and discontinue all services for residents of France and the French Overseas Territories effective March 31, 2026. Bitget linked the decision to its compliance efforts under the Markets in Crypto-Assets Regulation (MiCA), the European Union’s (EU) framework for licensing and supervising crypto-asset service providers.

Notice Comes Three Weeks After Bitget Security Incident

The October 17 announcement arrives about three weeks after Bitget reported a security incident on September 24, 2026. The exchange said approximately $387.5 million was transferred out of part of its hot and warm wallet infrastructure, the internet-connected wallets exchanges use to process withdrawals. Bitget revised the figure from an initial estimate of $351.6 million and said the financial impact falls within the coverage of its Protection Fund.

On September 30, Bitget said its User Protection Fund had been restored to above $300 million. Bitget has not linked the October 17 decision to the security incident.

Bitget Says Platform Operations Continue

Bitget said in its X post that it remains committed to its users and will continue its global growth as a universal exchange offering crypto, stocks, gold, forex and other products.

The exchange has directed affected users to check their individual notifications for account-specific details. Bitget had not published further information on the scope of the exercise at the time of writing.

Also Read: MemeBitcoin Community Faces Login Disruptions After Wave of X Suspensions

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News

Daily Crypto Puzzles
Tickerdle Tickerdle Crypto Connections Crypto Connections Crypto Crossword Crypto Crossword
TAGGED:BitGet
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Daily Crypto Puzzles

Tickerdle crypto game Tickerdle Crypto Connections game Crypto Connections Crypto Crossword game Crypto Crossword

Latest News

DTCC corporate logo on a purple and teal background
DTCC Plans $30T Securities Tokenization Across Canton and Besu
Laptop showing a MemeBitcoin account suspended message next to a pixelated Bitcoin coin
MemeBitcoin Community Faces Login Disruptions After Wave of X Suspensions
Portrait of Aiden Pleterski wearing sunglasses and a grey suit jacket
Ontario ‘Crypto King’ Spent $16.3M of Investors’ Money on Himself, Accountant Testifies
Bitcoin and Ethereum coins next to an ETF block in front of a declining chart
BlackRock’s IBIT and ETHA Lead $152M in Bitcoin and Ethereum ETF Outflows
Anthropic's Claude Cuts Quantum Circuit Gates 17x and Solves 25-Year Crypto Mystery
Anthropic’s Claude Cuts Quantum Circuit Gates 17x and Solves 25-Year Crypto Mystery

Find Us on Socials

You may also like

NEAR Protocol logo and wordmark set against a dark constellation background.

NEAR Intents Traces $3.8M Exploit to Smart Contract Deposit Bug

BitGo logo displayed on a smartphone screen set against a blue and white Bitcoin background.

BitGo Research Highlights Multi-Sig After Wallet Failures

a16z crypto logo and wordmark over an abstract blue geometric glass background.

a16z’s Aerie Targets a Key Bottleneck in Post-Quantum Blockchain Design

Charles Schwab outdoor sign featuring white lettering on a light blue background.

Charles Schwab Expands Crypto Services With Paxos Infrastructure

The Crypto Times Logo PNG

News

All News
Market News
Bitcoin News
Ethereum News
Altcoin News
Regulations & Policies
DeFi News
Blockchain News
Industry News

Sections

Exclusive
Opinions
Learn
Insights
Videos
Glossary
Newsletters
Corrections

India Premium Indices

Stablecoins
USDT
USDC

Play

Daily Crypto Puzzles
Tickerdle
Crypto Connections
Crypto Crossword

Company

About Us
Our Authors
Masthead
Editorial Policy
AI Policy
Advertorial Policy
Contact Us
Career

Follow Us

X-twitter Linkedin Telegram Youtube Instagram
© 2026 The Crypto Times | Protocols And Tokens Pvt Ltd.
DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information