Bitget Raises Loss Estimate to $387.5 Million, Introduces Asset-Recovery Bounties
Crypto exchange Bitget has updated its estimate of losses from a recent incident to $387.5 million.
The exchange is also introducing an asset-recovery bounty program, which will pay individuals for tips and cooperation that support the recovery of leaked assets and related funds.
Bitget is currently preparing to resume user withdrawals, but has not disclosed a specific timeline for restarting them.