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News · Crypto · Cointelegraph · Wed, Sep 30, 2026 5:00 PM

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

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Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that

OpenBook market desk: 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.

Why this matters for multi-asset traders

The headline theme is "Bitget ‘gradually back to usual’ as protection fund reaches $309M". 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