The crypto world has been buzzing with controversy and chaos. Bybit’s CEO, Ben Zhou, recently called #Pi Network a scam, citing warnings from Chinese authorities about fraudulent activities linked to the project. Despite the criticism, Pi’s token launched, experienced wild price swings, and is now attempting a recovery.
Meanwhile, Bybit itself faced a massive $1.5 billion hack, allegedly by North Korea’s Lazarus Group. While the exchange reassured users that funds remain secure and withdrawals are working, the incident has raised concerns about security in the industry. With drama unfolding on all sides, the crypto market remains as unpredictable as ever.
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