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Time Details
2025-02-22
12:21
Bybit's Response to $1.4B Theft and Impact on Trading Sentiment

According to @ai_9684xtpa, following a $1.4 billion cryptocurrency theft, Bybit has maintained user confidence by transparently addressing the issue and ensuring withdrawal operations remain open, despite the security breach. This proactive stance, including the founder's participation in two AMAs within 24 hours, has stabilized market sentiment and reassured traders regarding Bybit's commitment to security and transparency.

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