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Bitget CEO Gracy Chen expresses skepticism on recovering $387.5M in stolen funds

Crypto Briefing·September 29, 2026·1 min read
Bitget CEO Gracy Chen expresses skepticism on recovering $387.5M in stolen funds

Bitget CEO Gracy Chen expressed skepticism about recovering the $387.5 million stolen in a recent breach. The incident underscores the critical need for robust third-party security vetting, as even well-capitalized exchanges face significant risks. The loss highlights ongoing vulnerabilities in crypto exchange security.

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