The recent Bybit hack through which the notorious Lazarus Group stole $1.4 billion in ETH has triggered alarm in the crypto space. Binance founder Zhangpeng Zhao took to X to reflect on increasing crypto thefts, including the massive Bybit heist. In addition, CZ emphasized the importance of security and commended Bybit CEO Ben Zhou for his transparent handling and steady leadership throughout the ordeal.
Binance Founder Commends Bybit CEO
Reflecting on the recent $1.4 billion Bybit heist, Binance founder Zhangpeng Zhao stressed the significance of security. In his recent X post, CZ appreciated Bybit CEO Ben Zhou for his thoughtful and transparent moves following the theft.
Further, the Binance founder drew parallels between the Bybit hack and other infamous crypto thefts, including the FTX and WazirX incidents. Highlighting Zhou’s transparency, CZ stated,
I am sure Ben made the best decision based on the info he had…Ben did a good job maintaining transparent communication and cal
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