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RE: LeoThread 2025-02-27 02:38

in LeoFinance2 days ago

Part 5/9:

Once the mistake was realized, the CEO acted swiftly, appearing on a live stream within an hour to inform Bybit's 60 million customers about the calamity. Fortunately, the company secured a loan to mitigate the damage and ensure customer funds remained safe, averting a situation akin to the disastrous Mt. Gox scandal. In an effort to recover the stolen assets, Bybit announced a $150 million bounty for anyone who could assist in retrieving the lost coins, although historical precedent suggests recovery of such stolen crypto is rarely successful.