<p>Ben Zhou, co-founder and CEO of Bybit, reveals how he led the company back from the biggest crypto theft in history - filling the $1.5 billion hole in just 8 months while still paying bonuses and dividends.</p><p><br></p><p>THE SHIFT NEWSLETTER</p><p>💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter</p><p>___________</p><p>PARTNERS</p><p>🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/</p><p>💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT</p><p>🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.</p><p> Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=102...</p><p>🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/</p><p>⚖️ Ethena is a synthetic dollar protocol on Ethereum, offering a crypto-native, non-bank-dependent stablecoin called USDe. It uses a delta-neutral hedging strategy with staked ETH to maintain a $1 peg. https://ethena.fi/</p><p>🔒Sumsub is the leading full-cycle verification platform for the crypto industry, chosen by 8 out of 10 of the world’s largest exchanges. From instant KYC and KYB to automated crypto transaction monitoring, they help VASPs, exchanges, and DeFi platforms prevent fraud, stay compliant, and scale globally. https://sumsub.com/</p><p>💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.</p><p> https://sui.io/</p><p>♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. </p><p><a href="https://www.coinsilium.com"><u>https://www.coinsilium.com</u></a></p><p>___________</p><p>FOLLOW BEN ZHOU &amp; BYBIT</p><p>• Twitter: https://twitter.com/benbybit</p><p>• LinkedIn: https://www.linkedin.com/in/ben-zhou-b979ba28</p><p>• Twitter: https://twitter.com/Bybit_Official</p><p><br></p><p>FOLLOW WHEN SHIFT HAPPENS</p><p>Twitter (X): https://x.com/KevinWSHPod  </p><p>Instagram:  https://www.instagram.com/kevinfollonier_ </p><p>Linkedin: https://www.linkedin.com/in/kevinfollonier/</p><p>Website: https://kevinfollonier.com/</p><p><br></p><p>DISCLAIMER</p><p>The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.</p><p><br></p><p>0:00 Introduction</p><p>1:39 Please Subscribe</p><p>2:04 Why Ben Is Meeting With Prime Ministers</p><p>5:52 Partnerships: @JupiterExchange @KASTxyz</p><p>6:32 The Most Fun Part About Building In Crypto </p><p>8:16 Why Ben Would Go On A Podcast 3 Days After Losing $1.5B</p><p>11:00 How Does ByBit Use AI To Run Their Business</p><p>17:47 How Do You Measure A $150 Million F1 Sponsorship Deal</p><p>21:47 Why Did ByBit Sponsor The Stockholm Opens</p><p>23:07 Why Ben Is So Hands On Consistently With ByBit Decisions</p><p>25:33 Partnerships: @Ethena @sumsub</p><p>30:20 Ben’s Message To Anyone Dealing With A Big Crisis</p><p>36:51 How Big Is ByBit Today In Terms Of Key Numbers</p><p>37:38 How Do You Take ByBit To The Next Level Beyond</p><p>39:09 What’s The Endgame For ByBit</p><p>40:03 What Is Byreal</p><p>42:34 Does Ben See A World Where DEXes Takeover CEXes</p><p>43:13 What Is ByBit Doing With Ethena</p><p>46:05 Ben’s Opinions On Hyperliquid As A Competitor</p><p>49:34 Partnerships: @Trezor @BitwiseInvest @SuiNetwork</p><p>50:30 What’s ByBit Doing To Prepare For An AI Driven World</p><p>56:57 What Makes Ben Happy</p><p>57:21 Does Ben Feel Happier Now That He’s Worth A Lot Of Money</p><p>58:30 One Thing Ben Is Holding Onto That He Should Let Go Of</p><p>59:04 What Ben Does With His Money Investing Wise</p><p>1:02:58 One Thing Ben’s Learned That You Can Takeaway Today</p><p>1:04:11 Who Is Ben Zhou</p><p>1:06:20 Closing Thoughts</p><p><br></p>