Bybit CEO: Will not buy ETH and is considering obtaining a bridge loan from a partner to make up for stolen funds
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15 hours ago 4,642
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According to Golden Finance, Bybit CEO Ben Zhou shared on the live broadcast that "I will not buy ETH and are considering obtaining a bridge loan from partners to make up for the stolen funds, and 80% of them have been guaranteed."
In addition, Ben Zhou also stated in the live broadcast, "Bybit treasury can cover 400,000 Ethereum losses. We have processed 70% of the withdrawals, the run has passed, and large withdrawals are undergoing regular security reviews. Next, We are still processing the remaining withdrawals for hours. All withdrawals for customers will be processed.”