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Bybit hack, withdrawals top $5.3B, but ‘reserves exceed liabilities’ — Hacken

Crypto Charcha Team
By Crypto Charcha Team
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Cointelegraph by Zoltan Vardai

Bybit’s assets fell by more than $5B after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.




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