Bybit's latest financial audit confirms that it has sufficient reserves to cover user assets

PANews|Feb 21, 2025 22:29
Bybit's Web3 auditing firm Hacken has released an updated reserve certificate, stating that today's hacker attacks were massive in scale and dealt a heavy blow to the industry. But Bybit's reserves still exceed its liabilities. As its independent PoR auditor, we have confirmed that user funds are still fully supported. This means that Bybit has sufficient reserves to cover all user assets, its solvency remains unchanged, and security and transparency remain its top priorities.
Subsequently, Bybit CEO Ben replied that Hacken had audited our finances, which proves that we can use our own finances to compensate for our clients' losses.
Share To
HotFlash
APP
X
Telegram
CopyLink