Arthur Hayes, BitMEX co-founder, urged an Ethereum rollback after the February 21 Bybit hack, citing the 2016 DAO hack as precedent

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BitMEX co-founder Arthur Hayes has been vocal in advocating for a rollback to solve the ByBit hack. He pointed to the 2016 DAO hack, where Ethereum underwent a hard fork to recover stolen funds, as precedent.

BitMEX co-founder Arthur Hayes tagged Ethereum founder Vitalik Buterin in a Feb. 22 X post asking him to “advocate to roll back the chain.”

Arthur Hayes, co-founder of BitMEX and major ether (ETH) holder, asked Ethereum co-founder Vitalik Buterin if he would be willing to entertain the idea of rolling back the network to assist hacked exchange Bybit, which lost nearly $1.4 billion in ether (ETH) on Friday.