Bitget Wallet COO Alvin Kan has called for clearer transaction permissions and wallet recovery controls following Bitget Exchange’s reported $387.5 million breach, saying direct ownership must come with safeguards users can understand.
Alvin Kan, chief operating officer of Bitget Wallet, told crypto.news in exclusive comments that self-custody should reduce the damage a single security failure can cause without requiring users to become security specialists.
In his account, giving people control over their assets also places more responsibility on the wallet they use, their device, and their own decisions. Kan said wallet developers must address those risks as part of the product, including how users approve payments and regain access after losing a device.
