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Bitget CEO Says Exchange Can Absorb $300M+ Loss After Hack

Coinpedia·September 25, 2026·1 min read
Bitget CEO Says Exchange Can Absorb $300M+ Loss After Hack

About $350 million was stolen from Bitget on September 24, according to CEO Gracy Chen. She said the exchange can absorb the loss and handle a potential surge in withdrawals when they resume. Chen compared Bitget's retail trading volume with Bybit's, noting Bybit withstood a $1.5 billion loss.

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