this post was submitted on 22 Feb 2025
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Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens (www.bloomberg.com)
submitted 1 day ago by [email protected] to c/[email protected]
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[–] [email protected] 28 points 1 day ago

This is either a person who hasn't followed ETH since 2016 or is intentionally spreading misinformation.

It HAS been rolled back once, when the blockchain was in its infancy. But to say that it is still "centrally controlled" suggests having no idea what has happened in the 9 years since.