By Nidhi Kolhapur 31 May 2024 | 9:00 pm

Bybit Confirms Executive ‘Role Changes’ Amid Notoin Deposit Delay

The post Bybit Confirms Executive ‘Role Changes’ Amid Notoin Deposit Delay appeared first on Coinpedia Fintech News

Bybit has confirmed the reports that several executives have changed roles after a delay in Notcoin deposits earlier this month. Users had faced delays in depositing the newly issued Notcoin to Bybit which resulted in losses. The exchange issued $32 million in compensation to 320,000 users. Several executives had voluntarily resigned and it recruited new technical and spot managers. Bybit revealed that a thorough internal review was conducted to enhance the future customer experience which led to some essential leadership role changes.