The 2025 Bybit hack exposed custody flaws, accelerated FATF scrutiny and reshaped how exchanges handle security, cross-chain laundering and crisis response.
Cryptocurrency exchange Bybit suffered a $1.4 billion hack in February 2025 that exposed structural weaknesses in custody systems long considered industry standards, such as cold storage and multisignature wallets.
At the time, the exploit was the la… [5481 chars]
Source: Cointelegraph | Published: 2025-12-31T13:00:00Z
Credit: Cointelegraph
