In February 2025, the exchange was hacked resulting in the loss of $1.5 billion in assets in the largest cryptocurrency theft on record.
Quote
Sources
Crypto Exchange Bybit Granted MiCA License in Austria
Referenced by
Bybit, in February 2025, suffered a record-breaking $1.5 billion security breach but managed to recover liquidity and restore market confidence within a month
Crypto news
Claim
News event