PANews reported on February 24 that Bybit CEO said that the POR report was audited by a third party, Hacken. The whole purpose of auditing POR is to prove that user funds are backed at a 1:1 ratio. In addition, it also has complete, consolidated, audited financial data, including off-chain bank assets, etc., which ensures the health of internal governance and operations, and has now been submitted to global regulators.