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Bitget Reports $351 Million Loss and Suspends Withdrawals

The exchange temporarily suspended withdrawals, while CEO Gracy Chen said its protection fund would cover the losses.

Closed service gate inside an empty exchange lobby / TokenPost.ai
Closed service gate inside an empty exchange lobby / TokenPost.ai

Bitget said it suffered an attack involving approximately $351 million and temporarily suspended withdrawals.

Bitget temporarily suspended withdrawals.

Bitget CEO Gracy Chen said the platform’s protection fund would cover the losses.

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