Bybit Launches "Bug Bounty Program," Rewarding 10% of Stolen Funds

BlockBeats News, February 22nd, according to an official announcement, Bybit has officially launched the "Bounty Retrieval Program," calling on global cybersecurity and crypto analysis elites to jointly track down the perpetrators of the largest cryptocurrency theft in history.

Contributors who successfully retrieve the funds will receive a 10% reward, with the total bounty amount based on the verifiable amount of recovered ETH, valued at over $1.4 billion at the time of the incident. If all funds are recovered, the total bounty amount could be as high as $140 million.

Bybit CEO Ben Zhou stated that within 24 hours of the incident, the platform had gained strong support from industry-leading individuals and organizations. Through the "Bounty Retrieval Program," we aim to formally reward community members who provide us with professional knowledge, experience, and support. We will not stop here. Interested participants can contact the platform at bounty_program@bybit.com.