According to Odaily, Casey Taylor, Global Support Director at DragonFly, commended Bybit's handling of a significant security breach involving $1.5 billion on the X platform. Taylor highlighted Bybit's exemplary crisis management, noting the swift and transparent response from the CEO, the prompt follow-up actions, and the calm demeanor under pressure. She emphasized the importance of clear communication, including live online responses, a defined timeline, and a willingness to address security vulnerabilities. Taylor suggested that other exchanges and projects could learn from Bybit's approach.
Taylor also noted that the situation is still evolving, and facts may change as more information becomes available. Despite DragonFly being an early investor in Bybit, she assured that they receive updates simultaneously with the public and are committed to maintaining transparency throughout the incident's development.