Bybit Recovers From $1.4 Billion Crypto Heist, Demonstrates Industry Resilience

In February 2025, Bybit faced a massive $1.4 billion cryptocurrency heist, leading to immediate operational challenges. However, the exchange swiftly restored its market position and assets by April of the same year, demonstrating robust security measures and rapid recovery strategies. This incident highlighted Bybit’s ability to quickly address security vulnerabilities and regain user trust within months.