✉news TechnologyCybersecurity first seen 6 h ago, last 57 min ago, peak #17
Bitget CEO downplays recovery of $388 million hack funds
Original: Bitget CEO: 'Not expecting to recover a lot' from $388M hack
The CEO of crypto exchange Bitget said he is 'not expecting to recover a lot' of the roughly $388 million lost in a hack of the platform, tempering hopes that stolen funds will be returned to users. The blunt assessment has drawn attention in the crypto community, raising questions about the exchange's security and how it will compensate affected customers.
Why now: A major crypto exchange hack with the CEO publicly conceding most stolen funds likely won't be recovered is significant news for users and markets.
Rank over time, top of the chart is #1. 5 snapshots from 6 h ago to 57 min ago.
Evidence
- Bitget CEO: 'Not expecting to recover a lot' from $388M hack · The Tech Buzz
API: https://socialmediatrends-api.osmike.com/v1/trends/706879