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