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

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

Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million in user losses.

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

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

Source：Cointelegraph

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Source：https://cointelegraph.com/news/bitget-operations-protection-fund-security-breach