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