Over the past 24 hours, the outflow of funds from Bybit deposits, according to the analytical platform Defi Llama, exceeded $50 million with total reserves $9.3 billion Gossip the possible insolvency of the trading platform began to spread the day before. There were assumptions in X: the situation is similar to the events preceding the bankruptcy of the FTX exchange in the fall of 2022. People panicked that they would lose their assets.
On Thursday, May 23, Bybit CEO Ben Zhou
announcedthat assumptions about the financial problems of the exchange are unfounded.
“Rumors about Bybit being insolvent or hacked are unfounded and have no real facts to support this,” the CEO said.
The reason for the rumors was, apparently, a technical error in the Bybit reserve confirmation schedule. published
Arkham Intel Network Explorer.
Ben Zhou recommended that anyone doubting the solvency of the cryptocurrency platform independently familiarize themselves with the data on Bybit's confirmed reserves (PoR) and information on the Nansen control panel, reflecting the volume of assets in Bybit wallets.
Source: Bits
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