“It’s Karma,” Pioneers Say As Bybit Gets Hacked for $1.4 Billion
The Pi community, known as Pioneers, has criticized Bybit CEO Ben Zhou after the exchange suffered a $1.4 billion breach. While the exchange is still working on its next steps, its issues with the Pi network project have escalated.
The previous listing of Pi on Bybit was controversial when Pi claimed that they had rejected the Bybit KYB application and Bybit CEO Zhou responded that they never applied. Zhou even called the Pi network a scam. This discord with the pi community has become a wound for Bybit as after today's hack, the pioneers said "It's karma".