In the past 24 hours, hackers responsible for the Bybit breach have laundered 45,900 ETH, approximately $113 million.
To date, they've processed a total of 135,000 ETH, about $335 million, every movement and transaction they take is being monitored and recorded, do you really think they will be able to make away with this money ?
The hackers' address still holds 363,900 ETH, roughly $900 million, which they plan to launder over the next 8 to 10 days at the current rate.
They are primarily using platforms like THORChain for cross-chain asset exchanges.
This laundering activity follows the recent Bybit hack, where approximately $1.5 billion worth of Ethereum was stolen.
The attack has been linked to North Korea's Lazarus Group, known for previous high-profile cryptocurrency thefts.
One PARK JIN HYOK believed to be a member of the group is wanted by the FBI
Despite the breach, Bybit has assured users of its solvency and is taking steps to recover the lost assets.
To date, they've processed a total of 135,000 ETH, about $335 million, every movement and transaction they take is being monitored and recorded, do you really think they will be able to make away with this money ?
The hackers' address still holds 363,900 ETH, roughly $900 million, which they plan to launder over the next 8 to 10 days at the current rate.
They are primarily using platforms like THORChain for cross-chain asset exchanges.
This laundering activity follows the recent Bybit hack, where approximately $1.5 billion worth of Ethereum was stolen.
The attack has been linked to North Korea's Lazarus Group, known for previous high-profile cryptocurrency thefts.
One PARK JIN HYOK believed to be a member of the group is wanted by the FBI
Despite the breach, Bybit has assured users of its solvency and is taking steps to recover the lost assets.
