Bybit CEO: 99.994% of withdrawals processed, operations unaffected
February 22, 2025, 1:04 AM
Bybit CEO Ben Zhou reported on X that in the 10 hours since the recent hack, the exchange has processed over 350,000 withdrawal requests, with only around 2,100 remaining—achieving a 99.994% completion rate. Despite what he described as possibly the worst hack in financial history, all Bybit functions remain fully operational. The exchange previously suffered a $1.46 billion theft due to a cold wallet hack by North Korea’s Lazarus Group.
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