Ben Zhou shared a post on X, clarifying that none of the rumors have “any real facts” supporting them.
Ben Zhou, the CEO of the cryptocurrency exchange Bybit, addressed rumors about the platform being hacked and insolvent in a post shared on X.
On May 22, rumors of an insolvent exchange circulated on X. As the rumor spread, it was further magnified by a barrage of memes copying a popular FTX-related post spreading on X, but this time, the posts mentioned Bybit.
Some made jokes about withdrawing their funds from the exchange, while others tried to understand the situation more deeply.
