# Bitget CEO says the exchange does not expect to recover much from $388 million hack

https://mins.news/en/item/82961

- CNBC, 2026-10-02 05:25 UTC
- Economy
- Original: https://www.cnbc.com/2026/10/02/bitget-crypto-stolen-hack-recovery.html

> Bitget has frozen only a tiny portion of the $387.5 million stolen in last week’s hack, while restoring much of its protection fund. Its CEO told CNBC that the exchange does not expect to recover a large amount of the stolen money.

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