Hacken reports a breach at Bybit, with over $5.3 billion in withdrawals, yet confirms its reserves surpass its obligations.

Despite suffering a substantial $1.4 billion breach on February 21, leading to a loss of more than $5 billion in assets, Bybit continues to be financially robust. Independent audits validate that the company’s reserves surpass its debts, offering a solid guarantee for the security of investors’ capital.

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