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CZ explains withdrawal pause recommendation after Bybit hack

The Cryptonomist·October 3, 2026·1 min read
CZ explains withdrawal pause recommendation after Bybit hack

Binance founder CZ explained his recommendation to pause withdrawals after the Bybit hack on September 25, 2026. In an interview, he discussed the difficult decision of handling customer withdrawals in the minutes following an exchange breach, emphasizing security over immediate access.

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