Bybit CEO shared that 77% of stolen funds are still traceable while 20% went dark and 3% froze.
On-chain data tracker Ember reported that the Byit hack laundered all the stolen funds, i.e., 499,000 ETH.
Ben Zhou shared a complete breakdown of funds and their conversion into other cryptocurrency, 83% of the total hacked funds were converted into Bitcoin.
Bybit CEO created a Lazarusbounty.com website to share details of stolen funds, with 11 bounty hunters assisting in freezing the funds.