📣 Bybit Secures 80% of Stolen ETH Through Bridge Loan

Bybit CEO Ben Zhou confirmed that the exchange has secured almost 80% of the stolen ETH via a bridge loan from partners to ease liquidity concerns after the $1.4 billion hack. Zhou assured that all client withdrawals will be processed, even if under review, and clarified that Bybit will not buy ETH due to the scale of the loss. The firm is prioritizing liquidity management to stabilize operations during this critical period.