Colin Wu
Colin Wu|Feb 21, 2025 17:59
CZ suggests stopping withdrawals, but Bybit Live says it will not stop withdrawals. Bybit reserves consist of stablecoins and cash, and it depends on whether they are enough to reach $1.5 billion, as well as whether other shareholders and partners will lend a helping hand. Previously, Binance was fined over 4 billion US dollars without any impact on its business. Bybit theoretically should have the strength to fill the hole, and several shareholders also have strong capabilities. Of course, as a user, you should raise it, but be careful not to be ambushed or stolen on the chain.
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