The Pi group, often called Pioneers, has taken pictures at Bybit CEO Ben Zhou after the trade suffered an enormous $1.4 billion breach. Whereas the trade continues to be engaged on thier subsequent steps, their issues with Pi community mission has escalated.
Earlier Pi coin itemizing on Bybit turned controversial as Pi claimed they rejected Bybit KYB software and Bybit CEO Zhou replied they by no means crammed one. Zhou even went forward to name Pi community a rip-off. This beef with pi group has come to chew Bybit as following the todays hack Pioneers are saying ” That’s Karma.”
The hack reportedly drained funds from its ETH multisig chilly pockets. Zhou acknowledged that the assault was executed utilizing a complicated exploit the place the transaction appeared professional as a consequence of a masked person interface, tricking signers into approving unauthorized transfers.
The hack comes simply days after Zhou openly criticized the Pi Network, calling it a rip-off and citing a 2023 warning from Chinese language authorities about Pi Coin’s fraudulent nature. Bybit additionally notably refused to checklist Pi Coin, not like different exchanges reminiscent of OKX, Bitget, and MEXC.
Zhou had also refused to associate with Pi, stating in an X publish, “I’ll preserve my distance.” He claimed he was requested to affix Pi however rejected the provide, calling it ridiculous.
Following the breach, Pi Community supporters, often called Pioneers, took to social media, mocking Zhou and calling the hack “karma” for his feedback. Many shared memes and sarcastic remarks, suggesting that Bybit’s misfortune was linked to its refusal to assist Pi Coin, although no direct connection exists.
There isn’t any proof that the hack is linked to Zhou’s feedback on Pi, however the timing has added to the controversy between Pi supporters and critics.
As Bybit investigates the breach with the help of Safe, questions concerning the trade’s safety are rising, and the talk over Pi Community stays heated.
