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Bybit CEO: Record revenue year despite $1.5B hack — losses recovered in eight months.

Speaking on a podcast on April 28th, Bybit CEO Ben confirmed that despite suffering the largest hack in the exchange's…

Speaking on a podcast on April 28th, Bybit CEO Ben confirmed that despite suffering the largest hack in the exchange's history — with over $1.5 billion stolen — last year was simultaneously Bybit's highest-revenue year on record. The company recovered the full losses within approximately eight months.

The disclosure is a notable data point on exchange resilience: a nine-figure breach that would have been existential for smaller platforms was absorbed through operating performance alone. It also signals that user trust and trading volumes held firm through the incident, rather than triggering the sustained outflows many analysts had anticipated.

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Aggregated from WuBlockchain · Verified · Last refreshed 13d ago
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Wu Blockchain @WuBlockchain · 13d ago
Bybit's CEO stated that last year was their highest-grossing year, and they made up for the losses caused by the hackers in just eight months. In a podcast on April 28th, Bybit CEO Ben stated that despite suffering the largest hack in its history last year, with over $1.5 billion stolen, it was also Bybit's highest-revenue year in history, and the company recovered the losses in approximately eight months. https://t.co/ioHiUKnKHR
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