MarketPublished by KAS Watch · September 30, 2026
Bitget CEO Views Fund Recovery as Unlikely After $388M Breach
Bitget CEO Gracy Chen expressed low optimism regarding the recovery of funds from a $388M security breach. She cited the 2025 Bybit hack as a reference point, noting that only a small percentage of stolen assets had been frozen or recovered.
Why it matters for the market
Broad exchange security incidents can influence overall market sentiment and trader risk appetite. While not directed at Kaspa, major liquidity events across centralized platforms can indirectly shift broader crypto market dynamics.
Original source
Cointelegraph
Source publication · September 29, 2026 · 1 verified source
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