Bybit founder assures full repayment of $1.46 billion loss after recent hack. Restoring trust in the platform.
The founder of the digital currency exchange Bybit officially announced that the exchange still has sufficient financial capability and is committed to fully compensating the $1.46 billion loss resulting from the recent hack. These statements come after a major security incident that led to the unauthorized withdrawal of a significant amount of Ethereum (ETH) from the exchange’s cold wallets. This reassuring action can help restore users’ and investors’ trust in this platform.