---
title: '❗КРАЖА ВЕКА?❗ ВЗЛОМ BYBIT на ПОЛТОРА МИЛИАРДА.🤯 Халатность или взлом?'
source: 'https://youtube.com/watch?v=TwTxJGAABCU'
video_id: 'TwTxJGAABCU'
date: 2026-07-24
duration_sec: 594
---

# ❗КРАЖА ВЕКА?❗ ВЗЛОМ BYBIT на ПОЛТОРА МИЛИАРДА.🤯 Халатность или взлом?

> Source: [❗КРАЖА ВЕКА?❗ ВЗЛОМ BYBIT на ПОЛТОРА МИЛИАРДА.🤯 Халатность или взлом?](https://youtube.com/watch?v=TwTxJGAABCU)

## Summary



## Transcript

Bybit, the second largest crypto exchange in the world by trading volume, lost $1.5 billion directly from its Cold Wallet. A yard and a half. Can you imagine? This isn't just a glitch, but the largest hack in the history of crypto. All root hackers. North Korea is
panicking. But I'll tell you now how it really happened. And spoiler: it's not so much a hack as a spectacular negligence that made my hair stand on end. If you have at least one dollar on the Bybit exchange or on another
exchange, listen carefully. This is about your money. Give it a like. If you want to money. Give it a like. If you want to figure it out, you're on the channel, just Invest. Let's
regularly transfers crypto from its Cold Wallet to its Hot Wallet. This is a standard procedure they do every 2-3 weeks. A cold wallet is like a weeks. A cold wallet is like a super-secure offline storage where the
main reserves are stored, and a hot wallet is an online wallet for daily transactions like user withdrawals. This time they decided  Transfer 30,000 ethers. This is approximately $80 million. Nothing unusual. Just routine for an exchange
that handles billions. For such transfers, they use the Save platform. Save is a multi-sign wallet. What does this mean? It's like a safe where you need three keys. That is, three people from the team must sign the transaction with their devices
before the money goes away. That is, security is at a level that is theoretically impossible to hack. The process is as follows: the team prepares the transfer, everyone signed receives a notification and a link to the Save interface, the amount is checked, the
destination address. In general, everything is according to the checklist. N. Joe, the CEO, was the last one to sign. Bbit receives a link from the team. He opens the interface, looks at 30,000 ethers. The address is like their hot wallet. Bbit has a very strict
procedure. They don't just handle billions for nothing. Ben takes his HP, a hardware cold wallet, a piece of hardware that stores keys offline and is considered impenetrable. He connects it, confirms the transaction, and then, "Hi,
confirms the transaction, and then, "Hi, surprise!" Instead of 30,000 ethers, 41,000 fly away. And that's already more than  1.4 billion dollars, and not to their hot wallet, dollars, and not to their hot wallet, but to some fake address that no
one knows how this even happened. Everyone immediately thought it was hackers, they say. It could have been Lazarus Group, a North Korean hacker gang known for its attacks on crypto exchanges. They have already had a ton of
crashes, and then they were able to steal an amount equal to 5% of North Korea's GDP. That's 30 billion for comparison. The hackers replaced the safe interface and made a fake website
indistinguishable from the real one. When he opened the link and checked the address, he saw a fake screen where everything looked correct, but in reality, the transaction was different, the one that sent 41,000 ethers to the attackers' pocket.
Sounds like the work of geniuses. Yes, for xbt, he even provided proof that this was the work of those same Lazarus, but now I'll reveal the whole truth to you, and it will definitely finish you off. reveal the whole truth to you, and it will definitely finish you off. Ben himself came out and said I was the
last one to sign up. I saw the address in the interface, but I didn't check it thoroughly on the Ledger. Seriously.  Dude, you're running an exchange with billions and haven't checked the numbers on your hardware. HP shows the real transaction address on its screen, even
if your computer was hacked or the site is fake. This is a basic feature to protect against such substitutions. When I transfer a couple of thousand, I sit with a magnifying glass and they thousand, I sit with a magnifying glass and they check the transaction for $0. And here it's half a
check the transaction for $0. And here it's half a billion. Well, okay, it seems normal. This isn't a hack. This is negligence on the level of I forgot to turn off the iron and the house burned down. Of course, he later admitted that the code on the lenger was partially visible. I looked, but not completely.
By the way, one of the features of Ethereum wallets is that the full address is not always displayed, but this is not an excuse. If he had checked it completely, the hackers would have been left with nothing. Let's compare the scale of previous hacks of other exchanges. MT gox
lost 650,000 bitcoins in 2014, which was half a billion dollars back then. Ronin lost half a billion dollars back then. Ronin lost 540 million in 2022. And here it is 155 billion. The hacker who stole these ethers now holds more than Vitalik Buterin himself, the creator of Ethereum. This isn't
just a glitch. This is a historic failure, and the most offensive thing is that everything could have worked out if most offensive thing is that everything could have worked out if Ben had just done his job. I would have been crying into my pillow at the very least in his place, and he tweeted, "We'll figure it out." Well, well,
dude, good luck. I hope it works out for you. What happened after? Hellish panic. As soon as the news spread, users rushed to withdraw money. Withdrawal requests increased 100 times compared to a normal day. The Bybit system simply crashed.
Withdrawals of Ether took hours to process, and transactions were kilometer-long. Support was silent, and thousands of people wrote in a panic in the chat. But Bybit got out of it quickly. They took out a loan in Ether from partners such as Binance Hobby
and others to cover the losses, but they didn't sell their reserves, otherwise the market sell their reserves, otherwise the market would have collapsed from mass sales. Ben came out and said, "We have 20 billion in reserves, all assets are backed one-to-one." This
means that even if all users rush to withdraw money at once, they will find money. About a billion dollars were withdrawn in a day, and so far everything has arrived.  There were delays, but it got there. It's also important to understand the difference with the infamous FTX exchange. When FTX
collapsed, it turned out they were taking money from clients, spinning their tokens, and as a result, they didn't have enough reserves. It was a complete collapse. As for Bybit, it's keeping its word, and there
are reserves. Conclusions. They're even publishing an audit every two weeks to show that they have everything covered. Let's be honest, after such trust, of course, fewer people are now thinking about them. What if this is just the beginning? What if they still have some other
stuff somewhere? Their reputation has certainly been shaken, and let's say this isn't just a scratch. Now, dear listener, if your crypto is on the exchange, come to you. Here's what you need to know. First, an exchange is not your wallet, but a working tool. A cold
wallet is an offline storage like Ledger or Tether where the keys are only yours. Leave only what you trade on the exchange, and the rest is in Hold. Second,
check everything down to the last digit. When you sign a transaction, look at the address on the device, not on the computer screen. Websites are faked, but there is no hardware.  I always send a test transfer of one dollar and wait until it arrives and only then send the
until it arrives and only then send the entire principal amount. This is paranoia. Well, I do n't think so. Most likely, it's just common sense. And third, don't be lazy, Ben. I was lazy, and where is his 1.5 billion now? It's somewhere in North Korea, a cold wallet.
This is your fortress. But if you connect it to the site and sign without looking, this is how to open a door and say, come in, take what you want. The hackers didn't hack bybit's servers, they didn't guess the passwords, they slipped in a fake, and Ben gave it
all away himself. And this isn't Buckland, he would have shown the real address if Ben hadn't cut corners. The problem isn't in the hardware, but in his head. I think if a person works with billions, he should check everything thoroughly as if it were his last 100 bucks. What about
bybit? Now they are in the mode of eliminating the consequences, cooperating with safe, to understand how exactly they replaced the interface and hacked their server or the team's device. The safe site even suspended operations while they sort it out. Bybit
hired lawyers and the police to  Track Ethers through the blockchain. If this money appears on a centralized exchange, it can be frozen and returned. But for now, hackers are somewhere out there counting their billions. And Bybit is trying to save face. The main
conclusion is that your money is safe only as long as you protect it. The exchange can be top-notch with reserves and auditing. But if someone like Ben signs without looking. Hello, losses. I'm not saying Bybit will collapse tomorrow. They're holding up.
Conclusions are being made. Partners helped. But this story proves that storing crypto on the exchange is like playing Russian roulette. If you transferred money to a cold wallet, you're smart, but just transferring isn't enough. Learn how to use it. Check
every symbol, do tests. Be a bore in this regard. Otherwise, you'll be like Ben: sign a fake and then look for your Ethers somewhere in North Korea. Guys, this
story isn't just about Bybit, it's about how one click can ruin everything. Want more such analyses? Like, subscribe to the channel, and also subscribe to My social media. Links will be in  In the description under the video, as well as in the description
under the video, there will be links to my crypto exchanges where I trade. By registering through my links, you will receive bonuses and discounts on trading commissions to your account. Also, write in the comments whether your crypto is still on the buybit. Or have you already
withdrawn it? Or write your question in the comments. I will try to answer it. Well, the most liked comments will receive 5 USD from me. Read the terms of the giveaway in the description under the video. Thank you all for watching. Think for yourself and
watching. Think for yourself and see you in the next video. Bye