Bitget Denies Insolvency Rumors and Disappearance of Executives
Amidst concerns in the cryptocurrency community about Bitcoin ETFs and exchange stability, Bitget, a prominent web 3 and cryptocurrency exchange, has come forward to address these rumors. Gracy Chen, Bitget’s managing director, took to social media to reassure users and emphasize the company’s recent growth. This response came after influential user MMCrypto raised concerns about the exchange’s financial health and urged users to withdraw their funds.
Chen quickly denied these claims, stating that everything at Bitget is working well, funds are safe, and the team is preparing for the next bull run. She also highlighted the company’s recent expansion and recruitment of over 100 new positions, reflecting their confidence in the future. Chen concluded her statement with a call for “BUIDL,” encouraging long-term building and development instead of succumbing to anxieties.
Bitget Affirms Stability Amid Community Rumors
Karina Krupenchenkova, a representative of Bitget, confirmed Chen’s statement as the company’s definitive position on the rumors. However, it’s important to acknowledge that some uncertainty still surrounds this situation. MMCrypto expressed relief after Chen’s statement but called for further clarification from Bitget employees.
Hot Take: Bitget Addresses Concerns, Reassures Users
In response to recent rumors about insolvency and disappearing executives, Bitget has categorically denied these claims. Managing Director Gracy Chen assured users that everything is working well at Bitget, funds are safe, and the team is preparing for future market surges. This statement comes amidst concerns about Bitcoin ETFs and exchange stability in the crypto community. While some uncertainty remains, Bitget’s official stance affirms its stability and growth trajectory. Users are encouraged to focus on long-term building and development rather than succumbing to fear, uncertainty, and doubt (FUD).