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SYSTEM PROCESSING...
B%7.6AO8;B9R;F6RVBDD<H59;0LL(*
SYSTEM PROCESSING...
Posted: 2025-04-21 06:48:54 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-21 06:49:21 UTC
Verified By
Rollup News
Bybit CEO Ben Zhou provided an update on the hacked funds, revealing that of the $1.4B stolen, a significant portion remains traceable, while some has been obscured through mixers and bridges. A large amount of ETH was moved to BTC via Thorchain, and most of the funds have been converted into BTC. Bounties are needed as only a small fraction of reports were valid.
$1.4B in stolen crypto, 68.57% remains traceable.
27.59% of stolen funds has gone dark.
432,748 ETH moved from Ethereum to BTC via Thorchain.
67.25% has been converted into BTC.
Only 70 of 5,443 reports were valid.
Tracing funds that have gone through mixers and bridges.
Validating the numerous reports related to the stolen funds.
Recovering the portion of funds that has gone dark.