Xie Jiayin: Bitget announces compensation for affected users including TUT, totaling nearly $40 million
Source：
x.com
Xie Jiayin, Bitget's Head of Greater China Region, stated in a post that in response to the mark price anomaly incident involving three trading pairs including TUT on August 9, Bitget will compensate affected users who meet the criteria, with total compensation amounting to nearly 40 million USD. The compensation will be calculated based on users' account equity at 15:00 on that day, addressing relevant losses caused by forced liquidation of short positions during the period of abnormal price fluctuation.
