invest1 publisher
Covering Bitget's $351 million hack would use three-quarters of its user protection fund
Bitget CEO Gracy Chen ties a $351 million breach of the exchange's online wallets to North Korean hackers and says a $464 million user fund covers it. Paying it out could leave about $113 million in reserve while withdrawals stay frozen and Bitget still cannot say how the attackers got in.
Publishers:cryptopolitan.com
Reality
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