- Bybit CEO shared that 77% of stolen funds are still traceable while 20% became dark and 3% froze.
- EMBER on the chain, EMBER reported that the Byit hack washed all the stolen funds, ie. 499,000 ETH.
The village bit hedge Took a new turn when Data Tracker Embber reported that the hacker launched all means. At the same time, Bybit -vd Ben Zhou split one executive summary on stolen means. Of the total stolen funds, 77% of them are still traceable, 20% of them became dark and 3% were frozen.
Ben Zhou shared a complete division of funds and their transformation to another Cryptocurrency. 83% of the total chopped funds were converted to Bitcoin with 6,954 wallets. Ben stated that the coming pairs of weeks are crucial to tracking the funds as the funds will start cleaning during exchanges through P2P and OTC.
The village chop worth approximately $ 1.4 billion has shaken the industry and involved the North Korean hacker group. Instead of feeling confused, Bybit ETH deficit closed within 48 hours to maintain liquidity and offer uninterrupted services.
EMBER reports that the hacker washed all the stolen funds from Bybit Hack
Data trackers on the chain reported That the hacker washed all the stolen funds from the village chop earlier today. It stated that the hacker took ten days to clear all stolen funds. At the same time, Thorchain received $ 5.9 billion in transaction volume and $ 5.5 million in fees when the hacker used Thorchain to wash the means.
Bybit CEO Ben Zhou created the first of its kind Lazarusbounty.com website to share full details about the stolen funds. 11 Bounty Hunters helped freezing the funds and received an amount of US $ 2,797. Mantle, Paraswap and ZachxBT are the most important players among the 11 price hunters.
Of the 20% funds that became dark, 16% of them went dark through Exchang. The team needs an update from the OKX Web3 wallet to track about 5% of stolen funds. As Thorchain was used to clear most of the funds, the team can track 72% of the stolen funds through this platform.
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