Posts

Showing posts with the label insolvency

Bitget exec dispels insolvency rumors spread on X

Bitget’s managing director, Gracy Chen, has released a comment on X post that discussed the insolvency of the exchange and the alleged disappearance of its key officials. In the wake of wide spread rumors questioning the financial stability of Bitget, a cryptocurrency exchange and a web 3, the company’s managing director, Gracy Chen, has come forward to deny these claims categorically. Waiting for the good news about #BitcoinETF, then FUD comes again? Everything at #Bitget is working well. Funds are safe and the whole team is working hard to prepare for the next bull run. Thanks to our recent growth, we now have over 100+ positions open, including some… — Gracy Chen @Bitget (@GracyBitget) January 10, 2024 Amidst a market rife with uncertainty and speculation, particularly concerning the future of Bitcoin ETFs, Chen’s statement offers a reassuring message to Bitget’s users and the broader crypto community. “Everything at Bitget is working we...