On October 7th, Bitget officially released an announcement regarding the abnormal price of platform coin BGB today, stating that at 10:53 am on October 7th, 2024, the
BGB price experienced a significant fluctuation for ten minutes, and the
market quickly returned to stability. Bitget will fully compensate for the resulting asset losses and provide a compensation plan within 24 hours to complete the compensation within 72 hours.