The reported $351.6M security incident has understandably raised concerns, but traders should separate confirmed information from speculation. Bitget states that its $464M Protection Fund covers the reported loss, while the full investigation report is still pending. Until more details are released, the focus should remain on official updates, on-chain verification, and understanding how the platform strengthens its security controls.

⚠️ Watch out for fake-token scams. Incidents like this can attract scammers promoting fake recovery tokens, compensation schemes, and phishing links. Avoid connecting your wallet, sharing sensitive information, or sending funds based on unverified claims. Follow Bitget’s official channels for updates, and wait for the full report to clarify the incident, fund coverage, and next steps.
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