<ul><li>Around 20% of the hacked funds from Bybit crypto exchange have 'gone dark' and cannot be traced.</li><li>Bybit has frozen only 3% of the stolen funds, while the remaining 77% are still traceable.</li><li>Approximately 83% of the stolen Ether (valued at $1 billion) has been converted into Bitcoin, held in 6,954 wallets.</li><li>Bybit enlisted the help of 11 parties to freeze the stolen funds and paid $2.1 million in USDT to bounty hunters for recovery assistance.</li></ul>

Bybit Can’t Trace $280M in Stolen ETH Anymore, but Can It Track 6,954 BTC Wallets?

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