Security
Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach
Cointelegraph·September 29, 2026·1 min read
Bitget CEO Gracy Chen is not optimistic about recovering funds from the $388M breach, citing the 2025 Bybit hack as a reference where only a small percentage of funds were frozen or recovered. The comments highlight the challenges exchanges face in recouping stolen assets after major security incidents.
Read at CointelegraphDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.