According to Cointelegraph, Bitget CEO Gracy Chen stated that she is 'not optimistic' about the possibility of freezing and recovering the $388 million in funds lost in a recent hacking incident. She referred to Bybit's $1.5 billion hacking incident last year, explaining, 'About a year has passed, but the frozen funds account for only about 3.5% of the total damage, and even this has not actually been recovered.' Bitget is offering a 5% bounty to each entity that assists in freezing and recovering the stolen funds.
