Have a look at the bio and net worth of Ben Zhou
After learning about blockchain technology from a friend in 2016, Ben Zhou developed an interest in cryptocurrencies.
Citing a 2023 Chinese police warning that claimed the project was a scam targeting the elderly, leaking their personal information and causing them to lose their pensions, Bybit CEO Ben Zhou announced Thursday that his exchange will not list the Pi Network’s PI token, which was controversially released on Thursday.
Who is Bybit CEO and Founder Ben Zhou as crypto exchange is involved in hack, biography, age, education, country, career and net worth
We are starting to see some funds being moved to https://t.co/O4AqIJo81z as bridge to convert to BTC: bc1qlu4a33zjspefa3tnq566xszcr0fvwz05ewhqfq
with below transactions:
0x4f5f7ba657bf518d383828183087978b452b99da6cde0c9b94739b8d72a8c5ef…— Ben Zhou (@benbybit) February 22, 2025
“There are multiple other reports out there questioning the project legitimacy,” Zhou posted on X. “Yes, I still think you are a scam, and no, Bybit will not list scam.”
On Thursday, the token went live along with the project’s mainnet launch. The ability to transfer and sell tokens was eventually made available to users who “mined” tokens by clicking on their smartphone screens once every day.
The PI coin began trading on OKX at $0.67, had a peak of $2, then fell 65% and is now trading at $0.69.
However, Zhou was embroiled in a different problem on Friday when North Korea’s Lazarus Group paid $1.5 billion to hack his exchange, Bybit. Cryptocurrency exchange Bybit said on Friday an attacker gained control of an ether wallet and transferred around $1.5 billion worth of holdings to an unidentified address but the ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected, with withdrawals proceeding normally, CEO Ben Zhou said in a post on X.
1. Here is a official police warning of $Pi from Chinese police back in 2023 warning to the public that it’s a scam targeted towards elderly folks https://t.co/LaGJqXSOXR which leaks their personal data and loss of their pension. There are multiple other reports out there… https://t.co/gkEu2wZwfo
— Ben Zhou (@benbybit) February 20, 2025
Ben Zhou was born in 1990 in Hangzhou, China. He moved to New Zealand with his family when he was eleven years old. Zhou claims that in addition to encouraging his love of baseball, which he pursued throughout his education, including college, his parents instilled in him the qualities of diligence and tenacity.
In 2010, Ben Zhou graduated with a bachelor’s degree in economics from Earlham College. He eventually pursued additional studies in the United States after initially finding it difficult to adapt to various cultures, and after completing his degree, he returned to China.
Zhou was born in China but spent his teenage years in New Zealand and pursued his degree in the United States. After completing his education, he returned to his homeland and started his career as the General Manager of Forex Brokers XM of Greater China and served this position for seven years before moving into the crypto industry.
Ben Zhou career
Ben Zhou started researching and trading cryptocurrencies after seeing the possibilities of this new digital space. Ben Zhou has been leading the development and operations of Bybit, a cryptocurrency exchange since 2018, as its co-founder and CEO.
Ben Zhou and other co-founders launched the exchange in March 2018 and it offers several trading services and tools to help its users gain access to several digital assets across various platforms. Soon after its launch in 2019, Bybit was able to achieve a 10% of global BTC volume and was also among one of the top crypto exchanges in the world and in 2020, Bybit again crossed a milestone when its daily trading volume surpassed $4 billion.
Bybit is a centralized exchange platform (CEX) with over 100 listed cryptocurrencies, over 100 crypto derivative contracts, and over 5 million registered customers.
Before taking this position, Zhou started his career in China after graduating from college, working for seven years as the manager of the Greater China region for XM, an international forex brokerage firm.
The net worth of Ben Zhou is estimated to be $60 million.
This is Lazarus
They just stole $1.46 billion from Bybit
And they didn’t break the code — they broke the people
Here’s untold story of how they did it (and why no one is truly safe) 👇 pic.twitter.com/ajdFNJglGb
— Pix🔎 (@PixOnChain) February 21, 2025