Bitget CEO Gracy Chen said she is not optimistic that the $388 million stolen in a recent hack can be frozen and recovered. She pointed to Bybit’s $1.5 billion hack last year, saying that nearly a year later, only about 3.5% of the stolen funds had been frozen and none of that amount had actually been recovered. Bitget is offering separate 5% bounties to parties that help freeze the funds and to those that help recover them.