When a crypto exchange loses money, no government steps in. What protects your balance there is first a voluntary promise by the exchange, and second a liability rule from the European crypto regulation. The exchange can change the first one tomorrow; the second applies only if the exchange is authorised. The attack on Bitget during the night leading into September 25, 2026 is putting both on display.

So rather than rewrite what is being reported about the incident, we retrieved the protection promises ourselves and ran the numbers. This analysis was compiled by cryptoticker.io on September 25, 2026. The finding in one sentence: the largest in-house protection fund in the industry covers the damage from this single incident only 1.32…