Bybit Founder: How I Survived The Biggest Crypto Theft Of All Time

I sat down with Ben, the CEO of Bybit, just days after the exchange suffered a $1.5 billion Ethereum hack.

Enter into Ben's mind during the 72-hour Bybit crisis' response to understand how they managed 350,000 withdrawals without halting operations, all while securing replacement funds.

This conversation offers invaluable insights on leadership during extreme pressure and maintaining trust when billions are at stake.

In this episode, we talk about:

• Bybit’s $1.5B Ethereum wallet hack and its aftermath.

• 350,000 withdrawals processed during a 72-hour crypto crisis.

• The vulnerabilities in the Genesis Safe system that exposed critical weaknesses.

• Crisis leadership during a massive crypto bank run.

• Real-time data insights that preserved Bybit’s liquidity. 

• A bridge loan strategy that secured replacement funds under extreme pressure.

• Rebuilding trust through transparent crisis management.

• The shift from third-party to in-house security solutions at Bybit.

• The Hackbounty initiative designed to track and recover lost crypto funds.

• New regulations that are reshaping the future of crypto custody and digital asset security.