<ul><li>Bybit CEO confirms that $280M of the stolen $1.4B is no longer traceable</li><li>Around 500,000 ETH was stolen from Bybit cryptocurrency exchange in a hack attributed to the North Korean hacking group Lazarus</li><li>Hackers converted $1 billion in ETH to BTC using THORChain and distributed it across 6,954 wallets</li><li>Bybit enlisted bounty hunters and security firms to freeze $42 million of the stolen funds</li></ul>

Bybit CEO confirms that $280M of the stolen $1.4B is no longer traceable

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