Today on Crypto Twitter: ByBit CEO and Pi in a Spat, Buterin Posts About Ukraine

At the same time, people are continuing to analyze Bybit’s $1.5 billion hack and how the exchange has been dealing with the situation.

Struggling to keep up with it all? Here’s an overview of what’s happening.

1. Ben Zhou Says Pi Network Is a Scam, Pi Responds 

ByBit’s CEO, Ben Zhou, has undoubtedly been one of the most talked-about figures in crypto recently. Not only has he been mentioned in X posts for his strategy and response to the ByBit hack, but also for Pi Network’s mainnet launch on February 20, 2025, which didn’t go unnoticed by him.

Ben Zhou questioned Pi’s legitimacy in a post on. 

What triggered his reaction was a post by a community account saying Pi had turned down a Bybit listing and that the platform was losing market position.

Zhou quickly shot back, denying that ByBit had ever requested to list Pi. But he didn’t stop there—he also shared a police warning from Chinese authorities, accusing Pi of collecting user information under the guise of free mining and gifts.

According to Zhou, if the project were legitimate, it should have addressed the report.

Yes, I still think you are a scam, and no, Bybit will not list scam

– he concluded.

Pi Network’s official X account, @PiCoreTeam, didn’t leave Zhou’s words unanswered. In a February 22 post, they confirmed Pi Network is a legitimate platform.

The post stated that the project isn’t affiliated with the account Zhou mentioned and would not comment on ByBit or its CEO.

Pi Coin has seen big ups and downs since its launch: shortly after going public, it plummeted but later recovered most of its value.

2. Ash Crypto Calls the ByBit CEO Goat 

Crypto trader Ash Crypto, known for his active presence on Twitter, didn’t hold back in showing admiration for Bybit CEO Ben Zhou. “This guy is goat 🐐,” he wrote in a quick X post, reflecting his respect for Zhou's leadership.

Ben Zhou’s crisis management skills have truly been put to the test. After Bybit suffered the largest hack in the crypto industry, Zhou took the lead, keeping users updated on the situation.

Ash Crypto, in turn, reposted many of Zhou’s messages to his 1.6 million followers.

Not only did Bybit remain solvent after losing $1.5 billion in ETH and stETH, but a few days later, it fully closed the ETH gap through loans, whale deposits, and ETH buys.

Arguably, Bybit could have prevented the hack but the way they kept financial stability and covered losses was massive. And Zhou has clearly earned Ash Crypto’s “GOAT” praise in the eyes of many.

3. Vitalik Buterin Expressed His Love to Ukraine 

Vitalik Buterin isn’t just the co-founder of Ethereum – he’s a man whose convictions run deep. On February 24, the third anniversary of the Russian invasion of Ukraine, Buterin showed his support and love for the country.

Attaching photos of the Mother Ukraine monument, a memorial in Kyiv, and cultural symbols, Buterin wrote:

Ukraine is all of these and much more. 

I wish the country a bright, secure, sustainable and free and independent future.

Buterin isn’t just talking about big ideas—he actually backs them with action.

Since the war between Russia and Ukraine escalated, he has made several donations to Ukrainian humanitarian non-profits, including a $5 million donation in 2022 and a donation of over $1 million in October 2024.