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Bybit survives ShoaibHereWeb3’s slash over a failed presale

Ethos
July 13, 2025
Bybit defends an Ethos slash over a failed presale, 561 to 249

On July 13, 2025, @ShoaibHereWeb3 opened a slash on Ethos against @Bybit_Official, calling it “a terrible exchange with worse communication.” By July 14, 2025, the slash had been defended. Voters sided with Bybit 561 to 249, and the slasher lost 200 credibility score.

The case shows what happens when a single critic takes on an account with broad support from reputable users. A slash puts the accusation to a vote, and the person bringing it has something at stake too.

The accusation

@ShoaibHereWeb3’s complaint centered on a presale. In their words:

“Today, they were supposed to carry millions of dollars in funds for the Pumpfun token presale, and they failed to execute the operation.”

The slash was titled “A terrible exchange with worse communication,” pointing to both the failed operation and how Bybit handled it. The full slash details were posted at app.ethos.network/activity/slash/157.

Who stood to lose credibility

On Ethos, people review and vouch for each other, and every account gets a credibility score from what others say about it. When the slash opened, Ethos noted that 42 users risked losing credibility if it was approved.

Among them were notable names who had supported Bybit through positive reviews:

  • @0xsammy
  • @dragossden
  • @porkbus
  • @zp_land
  • @zimmerallday
  • @aadvark89

If the slash had been approved, these reviewers would have lost credibility along with the others.

The outcome: defended

On July 14, 2025, Ethos announced that the slash against Bybit had been defended. The final vote was:

  • Defense: 561 votes
  • Slash: 249 votes

According to Ethos, the slash failed to reach the minimum 40% support threshold. As a result, @ShoaibHereWeb3 lost 200 credibility score through their bond.

Why the slash failed

Ethos said there was an overwhelming amount of support for Bybit among reputable users, which made the slash difficult to approve.

That is the trade-off a slash makes visible. A specific complaint about one failed operation went up against an account that many credible users had already vouched for through their reviews. The voters weighed the two, and the existing support held. The 42 users who had backed Bybit kept their credibility, and the cost of the failed slash fell on the person who brought it.

This story first appeared on X.

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