BYBIT crypto -rope officially refuted the accusations that it requires $ 1.4 million per tokens. The company also denies the use of opinion leaders for pressure on students participating in the affiliate program. The relevant statements were published after charges on the social network X (previously Twitter).
On April 14, 2025, the user under the nickname Silverfang88 with more than 100,000 subscribers accused the platform of high listing and unethical behavior as part of the Campus Ambassador student program. The company allegedly uses key leaders of opinions (Kol) to suppress discontent among its participants.
BYBIT General Ben Zhou rejected the prosecution and demanded specific evidence from the applicant. The exchange spokesman clarified that the platform requires a deposit of $ 200,000 to $ 300,000 in stabelcoins used to cover advertising costs. If Bybit does not achieve the set goals, then penalties are applied to it, representatives of the company emphasized.
According to BYBIT, the listing process includes a formal application, internal discussions and verification of the project for a number of criteria. They include onchain-active, tokens assessment, user base and the reputation of the team. The exchange also emphasized that she does not directly keep tokens for legal reasons.
The accusations regarding the student program of 2024 are associated with the provision of trial contracts and the estimated pressure on the participants. At the time of publication of the material, CEO Bybit did not give a direct response to this part, limiting himself to a call to provide evidence of violations.
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Source: Cryptocurrency
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