How Bybit avoided the fate of most hacked crypto platforms

[ed]

Most crypto platforms never fully recover from major security breaches. According to Immunefi CEO Mitchell Amador, nearly 80% of projects that suffer a hack fail to regain trust or operational stability.

Bybit took a different approach. The exchange kept withdrawals open during the February incident and honored all user transactions. CEO Ben Zhou also addressed users publicly, stating the company had sufficient reserves and would secure external liquidity if needed.

Those measures appear to have paid off. Bybit went on to post $1.5 trillion in trading volume for 2025, underscoring how transparency, continuity of service, and liquidity assurances can play a decisive role in restoring confidence after a crisis.

[cryptobro]

feels like ben zhou deserves a “most chill ceo” award, handling north korean hackers calmly