#InfiniHacked In response to the incident, Bybit's CEO, Ben Zhou, assured customers that the company remains solvent, with all client assets backed 1:1. Despite processing over 350,000 withdrawal requests following the hack, Bybit confirmed that unaffected wallets and withdrawals continue to operate normally. The exchange is collaborating with blockchain forensic experts to trace the stolen funds and has launched a recovery bounty program, offering up to 10% of the recovered amount to ethical hackers assisting in retrieving the stolen cryptocurrency.