✉news TechnologyCybersecurity first seen 13 h ago, last 58 min ago, peak #17
Bitget CEO says little of $388M hack funds likely recoverable
Original: Bitget CEO: 'Not expecting to recover a lot' from $388M hack
Bitget's chief executive has said he is 'not expecting to recover a lot' from the $388 million hack that struck the crypto exchange, tempering hopes that stolen funds will be returned. The statement is drawing attention given the scale of the loss and ongoing debate over exchange security and compensation for affected users.
Why now: The unusually candid admission about likely unrecovered funds from a major crypto exchange breach is fueling discussion about exchange security.
Rank over time, top of the chart is #1. 10 snapshots from 13 h ago to 58 min ago.
Evidence
- Bitget CEO: 'Not expecting to recover a lot' from $388M hack · The Tech Buzz
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