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Bitget Restores Protection Fund to Over $300 Million
Bitget has replenished its Protection Fund to over $300 million, two days ahead of schedule, following a recent incident.
Mercation Admin
September 30, 2026 1 min read
Bitget has successfully replenished its Protection Fund to exceed $300 million, achieving this two days ahead of schedule. According to a press release, following the incident on September 24, the exchange allocated approximately $388 million from the fund to cover financial losses.
The restoration of the Protection Fund coincides with a gradual resumption of the withdrawal service and an ongoing investigation into the incident. Bitget has noted that it has engaged independent cybersecurity firms Mandiant and SlowMist to assist in this process.