Yuga Labs Blockchain vice president, known as 0xQuit, said that reversing transactions after the February 21 Bybit hack could disrupt Ethereum’s infrastructure, with financial consequences exceeding the $1.5 billion loss

Quotes that support claims

“Quit,” vice president of blockchain at Yuga Labs, posted several security recommendations on X, encouraging users to employ multisignature wallets, hardware wallets, and transaction simulations for enhanced safety.

Yuga Labs Blockchain vice president, who goes by the X handle 0xQuit, said the impact of a rollback would be much “larger than $1.5B.” “Thousands of innocent people would lose money, thousands more would gain money they shouldn’t,” Quit said in an X post. Quit added: