68.57% of Bybit’s stolen funds are still traceable, 3.84% are frozen, and 27.59% are “lost”

PANews reported on April 21 that Bybit CEO Ben Zhou disclosed that about 500,000 ETH (worth $1.4 billion) were stolen by hackers, of which 68.57% are still traceable, 3.84% are frozen, and 27.59% are "lost". Most of the untracked assets flowed into P2P and OTC platforms through mixers such as Wasabi and Tornado Cash. About 84.45% of ETH has been exchanged for BTC through Thorchain. In the past 60 days, Bybit received 5,443 bounty reports, of which 70 were valid reports.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Coinbase listed Checkmate (CHECK) early this morning.
PANews Newsflash