Bybit Denies Rumors of a Hack and Data Leak

The concern was sparked by a Bloomberg report about a cyberattack on Crypto.com. The article mentioned Noah Urban, a member of the Scattered Spider group known for his phishing attacks against employees of companies in the telecommunications, technology, and cryptocurrency sectors. As a result of one such operation, carried out jointly with a hacker named Jack, the attackers managed to gain access to the account of a Crypto.com employee.

Crypto.com representatives clarified that the breach affected only a limited number of employees and did not affect user funds. The incident occurred shortly before March 2023, when the FBI confiscated $4 million worth of cryptocurrency, along with large sums of cash and valuables, from Urban. In January 2024, he was arrested and charged with hacking 13 companies. Urban later pleaded guilty and was sentenced to ten years in prison.

Following the article's publication, many crypto bloggers on the social network X began spreading speculation that similar incidents may have occurred on other trading platforms. Against this backdrop, Bybit strongly advised its users to rely exclusively on official sources of information to avoid falling victim to rumors.

Statistics from PeckShield are particularly noteworthy: in August 2025 alone, the total damage from cyberattacks on crypto services reached $163 million. Experts recorded 16 major incidents, including the hack of the Turkish exchange BtcTurk. These data confirm that the digital asset space remains one of the most attractive targets for cybercriminals.

Bybit thus sought to quell the rumor mill, emphasizing the resilience of its systems and its focus on customer protection. Amid the growing number of attacks, such statements play a crucial role in maintaining user trust in the market's largest exchanges.