News
Bitget Restores Protection Fund to Over $300 Million
Bitget has replenished its Protection Fund to over $300 million, two days ahead of schedule, after covering losses from a recent incident.
Mercation Admin
September 30, 2026 1 min read
Bitget has successfully boosted its Protection Fund to more than $300 million, achieving this milestone two days earlier than planned. Following the financial incident on September 24, the exchange had allocated around $388 million from the fund to address resultant losses.
The replenishment of the Protection Fund comes as Bitget gradually resumes its withdrawal services, while an investigation into the incident continues. The exchange has enlisted the help of independent cybersecurity firms, Mandiant and SlowMist, to aid in this effort.



