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Security Cointelegraph

Bybit hack, withdrawals top $5.3B, but ‘reserves exceed liabilities’ — Hacken

Bybit’s assets fell by more than $5 billion after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bybit hack, withdrawals top $5.3B, but ‘reserves exceed liabilities’ — Hacken

Bybit’s assets fell by more than $5 billion after its $1.4 billion hack on Feb. 21, but independent audits confirm its reserves still exceed liabilities, ensuring full backing for user funds.

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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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