⚠️ $1.46 billion stolen from Bybit
An unknown whale withdrew 401,346 ETH ($1.46 billion) from the exchange and started selling.
⚡️ Bybit CEO: We are solvent. Even if the losses caused by the hack are not recovered, all customer assets are fully backed 1:1 and we will be able to cover the losses.
💰Withdrawals are operating normally while they continue to investigate the incident and seek to trace the stolen funds.