Immunefi CEO says 80% of hacked crypto projects never fully recover

According to Immunefi CEO Mitchell Amador, nearly 80% of crypto projects that suffer a major hack never fully recover, largely due to operational paralysis and lost trust during incident response. Chainalysis data shows 2025 crypto hack losses hit $3.4 billion, with the $1.4 billion Bybit breach helping drive 69% of losses by early December.