Bybit CEO: The team is always ready to assist Bitget and will help track the relevant funds

2026-09-25 11:48:12

Bybit co-founder and CEO Ben Zhou stated that the Bybit team is ready to assist in various ways regarding the recent hacking incident involving Bitget. Previously, when Bybit faced a hacking attack, Bitget provided support.

Ben Zhou mentioned that Bybit is currently updating the LazarusBounty platform to assist Bitget in tracking the relevant flow of funds.

On February 21, 2025, Bybit experienced the largest hacking attack in cryptocurrency history at that time (approximately $1.46 billion to $1.5 billion worth of Ethereum was stolen, later attributed to the North Korean Lazarus group). After the attack, Bitget quickly transferred 40,000 ETH (approximately $10.5 million to $10.6 million at that time) to Bybit, with the funds coming from Bitget's own reserves, not user assets. This support was an interest-free, unsecured loan with no fixed repayment deadline, aimed at helping Bybit cope with withdrawal runs and replenish liquidity.

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Bybit Bitget hacker attack

Column Bitget theft incident tracking

In the early morning of September 25, 2026, Bitget suffered a hacker attack, resulting in a loss of over 350 million dollars in cryptocurrency assets. How will the aftermath of the incident unfold, and what impacts will it have?