Bybit has responded to allegations that it charges a $1.4 million fee to list tokens on its platform, which were made by a social media user with a large following. The user claimed that Bybit demanded high listing fees and alleged improper behavior related to its Campus Ambassador program. In response, Bybit's CEO, Ben Zhou, requested evidence to support these claims, emphasizing the chaotic nature of the crypto space due to unverified rumors. Bybit clarified its listing requirements, stating it only requires a security deposit of $200,000 to $300,000 in stablecoins and a promotion budget to ensure projects meet engagement goals. The platform also has a thorough evaluation process that assesses project fundamentals and risk controls. Zhou reiterated a call for proof regarding the claims made against Bybit and has not specifically addressed the accusations related to the ambassador program at this time.

Source đź”—