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Maddog 14:55, someone is definitely being ripped off …..

Posted by ferrett @ 19:54 on February 21, 2025  

Like you say, nothing to steal. So it’s not a real theft …..

But, if it is real, and the exchange can say:

“Bybit is Solvent even if this hack loss is not recovered, all of the client’s assets are 1 to 1 backed — we can cover the loss,” the Bybit CEO added in a separate post.

In an X statement, the exchange assured that its cold wallets “remain fully secure.” “All client funds are safe, and our operations continue as usual without any disruption.”

then that means they’ve already made profits of over $1.4bn, no? How? Who have they profited from? There was another hack two or three years ago of billions of $$ which was also made whole. As if crypto wasn’t fishy enough.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.