CZ Explains Why He Recommended Pausing Withdrawals After the Bybit Hack

TLDR: CZ said he suggested pausing withdrawals after the Bybit hack to prevent further abnormal outflows.  Zhao said security risks should take priority over trading continuity, even if users face inconvenience.  Bybit did not pause withdrawals and saw no further issues, which Zhao says shows risk assessment is key.  Zhao rejected claims his 2022 FTT [...]

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