Crypto exchange Bybit has commended Solana Foundation chairman Lily Liu and meme coin deployer Pump.fun for preventing the laundering of funds tied to the recent Bybit hack. Bybit praised Liu and the Pump.fun team for their proactive security measures and blocking the tokens associated with the hackers. The hackers attempted to move $1.08 million in USDC to Solana and then deployed meme coins to hide their tracks. Pump.fun intervened and blocked one of the meme coins after it had traded over $26 million. Bybit CEO Ben Zhou expressed gratitude to the crypto industry for their support and announced that the exchange had replenished the hacked Ethereum funds, with client assets now 100% backed.



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