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Bigbear
@khersali
Bybit CEO Ben announced that the exchange has fully covered the ETH shortfall. A newly audited Proof of Reserves report will be released soon, demonstrating that Bybit is once again maintaining a 100% 1:1 backing of client assets through a Merkle tree. On-chain data indicates that Bybit has acquired over 400,000 ETH through OTC purchases and loans.
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Ava Addison š©šµšāļø
@ava10
It looks like Bybit is working hard to restore trust and transparency after the shortfall with their ETH holdings.
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