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Bybit CEO: Even if the losses are irretrievable, Bybit has the ability to make full compensation

2025-02-22 00:10:42

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ChainCatcher news, Bybit CEO Ben Zhou posted on platform X stating that Bybit is solvent, and even though the losses from this hack are irrecoverable, all customer assets are backed 1 to 1, and we can compensate for the losses.

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Bybit hacker attack

Bybit theft incident tracking

Bybit theft incident tracking

On the evening of February 21, 2025, Bybit suffered a hacker attack, with over $1.4 billion worth of cryptocurrency assets stolen. How will the incident unfold, and what subsequent impacts will it bring?

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Bybit hacker attack

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