Bitget CEO Gracy Chen Details Security Overhaul Following $388 Million Hack

Following a $388 million hack, Bitget CEO Gracy Chen announced that the exchange has implemented stricter security measures, including server isolation, credential reissuance, and multi-approval requirements for critical operations. Chen emphasized that crypto firms must conduct more rigorous due diligence on third-party vendors. She also shared her experience being targeted by scammers posing as a major investment firm shortly after the incident, warning the industry about sophisticated social engineering tactics.