Bitget Launches Bounty Program for Recovery of Stolen Funds

Bitget CEO Gracy Chen announced a bounty program offering a 5% reward for freezing stolen funds and an additional 5% for the successful recovery of assets following a recent security breach. The exchange, which reported losses of approximately $351.6 million due to a system compromise, is collaborating with security researchers and investigators. Circle and Tether have already assisted by freezing approximately $318,000 in USDT and USDC associated with the attacker's addresses.