PANews reported on February 5 that Justin Sun wrote on X: “People familiar with the situation know that Li Lin concealed the due diligence materials at the time (when selling Huobi), and there was a $30 million hole inside. In the end, I discovered the manipulation, and after it was exposed, he cheated and refused to give me the last cent, so I lent it to the company to fill it.
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Bybit suffered a security incident, and funds worth $1.44 billion were withdrawn. A North Korean hacker group was accused of being the perpetrator.
