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The Truth About the Bybit Hack: A Conversation with the Exchange’s FounderRecently, the largest theft in crypto history took place—$1.5 billion stolen. Yet, Bybit didn’t freeze withdrawals, didn’t go bankrupt, and continues to operate. What’s more, in just a few days, the exchange restored 70-80% of its liquidity.
My guest is
Ben Zhou, the founder and CEO of Bybit. He shared in detail what really happened, how the exchange covered the losses without affecting its users, and what’s next not only for Bybit but for the entire crypto industry.
What lessons has Bybit learned? How will the market change after this incident? Are there any further risks for users? How are the loans structured? And much more.
A must-watch episode for everyone involved in the crypto market.
https://youtu.be/K9dwYw27dB0Tune in now! 🤘❤️🔥
