Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach

Crypto Insight Summary: Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered. Crypto Insight Analysis: Direction: Bearish BITGET Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Security breach concerns may deter users and impact platform reputation.