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Bitget ‘gradually back to usual’ as protection fund reaches $309M

Cointelegraph·September 30, 2026·1 min read
Bitget ‘gradually back to usual’ as protection fund reaches $309M

Bitget CEO Gracy Chen said the company's protection fund, created in 2022, absorbed the financial impact of an incident that caused $388 million in user losses. The fund has reached $309 million, and operations are 'gradually back to usual.' The exchange is recovering from the event, which affected user funds significantly.

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