<ul><li>Approximately $1.4 billion worth of cryptocurrency was stolen in a major hack on Bybit exchange.</li><li>Around 20% of the stolen funds have 'gone dark', while 77% remain traceable and 3% have been frozen.</li><li>Hackers converted stolen ETH tokens into Bitcoin, predominantly using the decentralized liquidity protocol THORChain.</li><li>Concerns are rising over the role of decentralized platforms in facilitating illicit transactions.</li></ul>

20% of Stolen Bybit Funds ‘Gone Dark,’ Says CEO—Here’s How

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