Bitget CEO says fund recovery outlook bleak after $388M breach
1 independent sourcefirst seen published latency 18 min
Gracy Chen, CEO of Bitget, said the exchange’s prospects for retrieving funds lost in a $388M security breach are limited. Chen pointed to the 2025 Bybit hack as a comparison, noting that only a small portion of those stolen assets had been frozen or recovered.
Sources: Cointelegraph
This article is for information only and is not financial advice.
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Tags: Bitget, exchange-hack, fund-recovery
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