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.
Source: Bitget ‘gradually back to usual’ as protection fund reaches $309M (https://cointelegraph.com/news/bitget-operations-protection-fund-security-breach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)