Business

Bitget Hack and Recovery Efforts

Updated 2026-10-02 05:40 UTC 1 source Negative

Bitget, a cryptocurrency exchange, is not expecting to recover much from its $388 million hack. The company has frozen only a small portion of the stolen funds and restored some of its protection fund.

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CNBC

Bitget `not expecting to recover a lot' from $388 million hack, CEO tells CNBC

Bitget has frozen a tiny fraction of the $387.5 million stolen in last week’s hack, and restored much of its protection fund.

2026-10-02 05:25 UTC