Bybit CEO: Has Implemented 1:1 Solvency Redemption, Will Soon Launch Stolen Funds Tracing Website

BlockBeats News, February 24th, Bybit CEO Ben Zhou stated in a community AMA that the latest proof of assets audit report has been obtained and will be synchronized updated on the official website. Bybit has returned to 1:1 full reserve, and in the past 24 hours, Bybit's fund inflow has ranked first among global CEXs.

Bybit will launch a website tracking stolen funds and synchronize updates on the recovery progress and other data. Users providing effective clues can receive a bounty.

Bybit's New Coin Disclosure Bulletin regularly releases the performance and financial reports of newly listed projects, covering 5 key dimensions: core financial data, token metrics, on-chain activity and network health, governance and community, as well as risk disclosure and future roadmap.