Gracy Chen: Bitget reviews abnormal price movements in TUT, BICO, LOBSTER

Gracy Chen: Bitget reviews abnormal price movements in TUT, BICO, LOBSTER
Bitget reviews TUT, BICO, LOBSTER action

Gracy Chen, chief executive officer (CEO) at Bitget, announced that abnormal price movements in tokens TUT, BICO, and LOBSTER have prompted the exchange to implement risk controls and trading restrictions.

The team is investigating the incident and evaluating its impact on users. Bitget plans to publish a detailed compensation plan within 24 hours.

Chen previously discussed how crypto enables 24/7 trading and how onchain assets bring programmability and broader financial utility. She is also expected to speak on topics including Bitcoin, AI, and tokenization at the upcoming Bitcoinconfasia event. The latest measures follow her ongoing engagement with developments in the digital asset sector.

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