Bitget CEO 'not very optimistic' on recovering funds from $388M breach
- —Gracy Chen is not optimistic about recovering the $388M stolen from Bitget
- —Only a small share of the funds has been frozen or recovered
- —The 2025 Bybit hack was cited as a reference point for the breach
Why it matters: Recovering funds after major exchange hacks remains rare, raising risks for customers and testing trust in the industry.
Source: Cointelegraph