invest1 publisher
Bitget will spend about 84% of its user protection fund covering a $387.5 million hack
Bitget will repay the $387.5 million drained from its hot and warm wallets out of a user protection fund of just over $464 million. Customers are made whole, and the reserve left behind would cover only about a fifth of another loss that size.
Publishers:cryptobriefing.com
Reality
- Evidence40
- Adoption
- Insufficient
- Hype gap+20
- Incentives65
- Confidence45