Bybit CEO Says 77% Of Stolen $1.4 Billion Ethereum Still Traceable After Historic Hack: 'This And The Coming Week Is Critical'
Ben Zhou, the CEO of cryptocurrency exchange Bybit, has revealed that 77% of the funds stolen in a record-breaking hack are still traceable. What Happened: According to a post on X by Zhou today, the upcoming week is critical for securing the funds,
Bybit CEO Says 77% of Stolen Funds From Record $1.4B Hack Still Traceable
Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.
Bybit CEO: 77% of Hacked Funds Still Traceable, 20% Lost, 3% Frozen
Bybit CEO Ben Zhou has provided an update on the movement of hacked funds, revealing that of the $1.4 billion stolen, 77% remains traceable.
Bybit Hacker Finishes Laundering All Stolen Ethereum
North Korea's Lazarus group, reportedly behind the Bybit hack, has laundered all 499,000 stolen ETH leveraging crypto mixers and DEXs.
Bybit Hackers Move 62,200 ETH Worth $138 Million, Leaving $346 Million Still To Be Laundered
The hackers behind the Bybit exchange breach have resumed laundering stolen funds, moving another 62,200 Ether (ETH), worth $138 million, on March 1.
Bybit Heist Complete: Hackers Launder All Stolen ETH Without a Trace
The Bybit hacker has successfully laundered all 499,000 ETH within 10 days. Most of the stolen funds were funneled through ThorChain and converted into Bitcoin.
North Korea’s Lazarus Group launders $1.39B in stolen Bybit ETH in just 10 days
North Korea’s Lazarus Group has executed one of the most sophisticated crypto laundering schemes to date, moving $1.39 billion in stolen Ethereum (ETH) from Bybit in just 10 days. The cybercriminals exploited decentralized finance (DeFi) protocols,
Bybit CEO: 20% of $1.4B stolen funds ‘gone dark’
Bybit CEO Ben Zhou confirmed that $280 million of the $1.4 billion stolen from the exchange has been laundered and is no ...
Bybit's $1.5 Billion Hack Shakes Crypto Market Ethereum Reserves Restored Amid Investor Concerns
A massive security breach at Dubai-based cryptocurrency exchange Bybit has resulted in the theft of approximately $1.5 ...
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Lazarus has finished laundering all the Ethereum it stole from Bybit
Every last 499,000 ETH—worth $1.39 billion—stolen from Bybit by the notorious Lazarus Group has been fully laundered, and it ...
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Bybit Hack Spurs $4.6B Surge in THORChain Trading Activity
THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit’s ...
How North Korea Executed the Largest Crypto Heist Ever
North Korea’s Lazarus Group pulled off the $1.5B Bybit hack, making it the biggest crypto heist ever. Here’s how they did ...
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Bybit offers $140 million bounty for its largest crypto heist
Bybit, one of the major cryptocurrency exchanges, launched a bounty program offering up to $140 million for trace or freeze ...
Pi Network responds to Bybit CEO’s scam allegations
Pi Network has responded to a controversy triggered by a post from Bybit CEO Ben Zhou challenging the project’s legitimacy ...
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Bybit CEO Ben Zhou Declares War on Lazarus Group: Unveils $140M Hack Bounty
Bybit launches $140M bounty program to counter Lazarus Group hackers who stole $1.4B, offering rewards for tracing and freezing stolen funds.