Bitget’s response gives me confidence.
The reported $351.6M incident is fully covered by the $464M+ Protection Fund, while cold wallets remain secure and user balances stay protected. Bitget’s latest Proof of Reserves also showed a 135% total reserve ratio, with monthly reserve reporting and 1:1 backing across covered user assets.
I’m staying confident and following the official updates as Bitget completes the recovery process and prepares the full incident report.
One thing everyone should watch closely right now is fake recovery tokens, fake support accounts, and scam links using the situation to target users. Stick to official Bitget channels for updates.
The reported $351.6M incident is fully covered by the $464M+ Protection Fund, while cold wallets remain secure and user balances stay protected. Bitget’s latest Proof of Reserves also showed a 135% total reserve ratio, with monthly reserve reporting and 1:1 backing across covered user assets.
I’m staying confident and following the official updates as Bitget completes the recovery process and prepares the full incident report.
One thing everyone should watch closely right now is fake recovery tokens, fake support accounts, and scam links using the situation to target users. Stick to official Bitget channels for updates.
