Bybit, a cryptocurrency exchange, suffered a hack resulting in the theft of approximately $1.4 billion worth of crypto assets, including around 500,000 ETH. According to Ben Zhou, Bybit's CEO, about 68.57% of the stolen funds remain traceable, 27.59% have become untraceable or "gone dark," and 3.84% have been frozen. The untraceable portion of the stolen assets has primarily been moved through mixers, with the Wasabi mixer notably used by the North Korean-linked Lazarus Group. These funds have subsequently flowed through bridges to peer-to-peer (P2P) and over-the-counter (OTC) platforms. Bybit has taken steps to freeze some of the hacked crypto and is seeking community assistance to trace and recover the missing funds. The hack has involved complex movement across more than 35,000 wallets, and the incident is considered one of the largest cryptocurrency thefts to date.
LATEST: @Bybit_Official may have seen the largest hack ever, but over 68% of the funds are still traceable Listen for more details... https://t.co/KkN2jymwP7
𝐁𝐲𝐛𝐢𝐭 𝐓𝐚𝐤𝐞𝐬 𝐀𝐜𝐭𝐢𝐨𝐧: $𝟑.𝟖𝟒𝐌 𝐢𝐧 𝐇𝐚𝐜𝐤𝐞𝐝 𝐂𝐫𝐲𝐩𝐭𝐨 𝐅𝐫𝐨𝐳𝐞𝐧 𝐀𝐦𝐢𝐝 𝐌𝐚𝐣𝐨𝐫 𝐂𝐫𝐚𝐜𝐤𝐝𝐨𝐰𝐧 🚨 Ben Zhou drops BOMBSHELL: 28% of Lazarus crypto heist still MIA! Is recovery a fantasy now? 🔍💸 #CryptoCrime #ByBit #AI #AINews https://t.co/wv5ve5D10v
ByBit: casi el 70% de los fondos robados todavía pueden ser recuperados https://t.co/rAzEmmjjgw