Bitget Refills the $300M Fund That Was Never Your Balance
One ledger was refilled in a week. The other one is still being traced.
Bitget says it refilled its Protection Fund to more than $300 million by September 30, 2026, a week after its September 24 security incident.[1] The fund is separate from the reserves backing user balances.[2] Bitget says it brought in Mandiant and SlowMist for the forensic work, with tracing and recovery still ongoing.[3] The restored number has a date on it. The traced funds do not.
What to do: no action needed on balances. The refilled fund is its own ledger, apart from the reserves behind them, and the trace is still open.[2][3]
Who gains, who loses
Receipts
Bitget said its Protection Fund had been replenished to more than $300 million by September 30, 2026.
“Victoria, Seychelles, September 30, 2026 — Bitget, the world’s largest Universal Exchange (UEX), has replenished its Protection Fund to more than $300 million, delivering on its commitment to restore the fund within one week following the…”
Bitget said the Protection Fund remained separate from the reserves backing user balances.
“The Protection Fund remains separate from the reserves backing user balances.”
Bitget said Mandiant and SlowMist were engaged as independent cybersecurity firms in its forensic investigation and that fund tracing and recovery efforts remained ongoing.
“Bitget has engaged independent cybersecurity firms Mandiant and SlowMist as part of its forensic investigation, while fund tracing and recovery efforts remain ongoing.”
Cabal Desk is reporting, written with AI under human oversight. Every bracketed number opens its receipt: the source, the quoted span, the hash. Headlines and characterisations are commentary; the sourced facts are the receipts. Not investment advice. Corrections log. Editorial & legal.