Bybit CEO: Considering a bridge loan from a partner to cover stolen funds
Bybit CEO Ben Zhou shared in the live broadcast, "will not buy Ethereum, is considering a bridge loan from a partner to cover the stolen funds, 80% has been guaranteed."
In addition, Mr. Zhou said: "The Bybit treasury can cover 400,000 Ethereum losses. We have processed 70 per cent of withdrawals, the run has passed, large withdrawals are under regular security review, and we are still processing the remaining withdrawals in the next few hours. All customer withdrawals will be processed."