Bitget CEO Gracy Chen said she does not expect the company to recover the $388 million stolen in its latest incident, citing Bybit’s limited recovery as a reference point. Her comments came as Drift Foundation continued efforts to recover approximately $295.4 million stolen from users on April 1, although its latest update reported no returned funds. About 130,259 ETH was traced to four Ethereum wallets; approximately 107,165 ETH remains unmoved, while about 23,095.1 ETH was sent to Tornado Cash on July 23 and 24. Drift said about $9.2 million was frozen, subject to legal and law-enforcement procedures, and partnered with Bybit on a bounty equal to 10% of recovered funds, capped at $29.5 million. In the separate Bitget incident, NEAR Intents blocked more than $50 million, including about $500,000 frozen, while Tether and Circle blacklisted a wallet holding $318,013 in stablecoins.