CZ Weighs In On Bybit Hack: Pause Withdrawals or Prioritize Security?

CZ, founder of Binance, recently discussed his response to the Bybit hack in an interview. The incident occurred on September 25, 2026, and CZ suggested that Bybit consider pausing withdrawals as a precaution to prevent abnormal fund outflows.

CZ acknowledged that halting withdrawals could disrupt trading and inconvenience users, but argued that security risks should take priority over short-term user experience.

In the end, Bybit chose not to pause withdrawals, and according to CZ, no further issues occurred after this decision. He emphasized that there is no absolute right or wrong approach in such situations, but rather a need for proper risk assessment in the moment.