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News · Crypto · Cointelegraph · Tue, Sep 29, 2026 5:00 PM

Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach

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Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage

OpenBook market desk: Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered.

Why this matters for multi-asset traders

The headline theme is "Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach". We reframe the story for readers tracking equities, FX majors and crypto liquidity - without copying the original wording.

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Based on reporting from Cointelegraph. Read the original.

This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections