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Bybit CEO Updates on $1.5B ETH Hack: 77% Still Traceable, 3% Frozen

  • Bybit hackers stole $1.4 billion in crypto, and 77% of the funds are still traceable, while 20% have gone dark and 3% have been frozen.
  • Efforts to freeze funds continue, and $2.1M was paid to bounty hunters.
  • 77% of the stolen cryptocurrency remains traceable, 20% was lost permanently, and 3% was successfully frozen.
  • The stolen funds were converted from Ethereum to Bitcoin using multiple wallets and platforms including THORChain and OKX Web3 proxy.

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