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Bank Run


Ben Zhou, CEO of Bybit (Bybit.com) 2
Bybit Faces $5.5 Billion Bank Run After Historic $1.5B Hack – What’s Next?

By FXCOINZ Editorial

23/02/2025

Bybit suffered a $1.5 billion hack, triggering a massive $4 billion bank run. With withdrawals surging, the exchange raced to secure a loan and recover frozen funds. Here’s what happened and what’s next for Bybit.