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2026-10-17 08:40 UTC

Bitget: CEO Details Protection Fund Response

Bitget: CEO Details Protection Fund Response

Gracy Chen credited Bitget's 2022 Protection Fund with absorbing losses from the September 24 incident and enabling phased withdrawal reopenings while noting 40 percent non-crypto asset volume at peak.

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Bitget CEO Gracy Chen credited the exchange's 2022 Protection Fund with absorbing losses from the September 24 incident and enabling phased withdrawal reopenings with live updates. Chen highlighted that the fund, built during stable periods, proved decisive when user balances faced the primary test. She also noted that non-crypto assets reached around 40 percent of volume at peak this year, underscoring a shift toward sustainable models over hype-driven ICOs.


Gracy Chen @Bitget

@GracyBitget

Former TV host turned #BGB hodler| World traveler ✈| CEO at @bitgetglobal🫡 | Writing daily #crypto insights with tips on personal growth and finance ✍️