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Bybit Hack Update: Chase to Recover $1.4B Continues, 89% Still Traceable!

  • Cryptocurrency exchange Bybit suffered a $1.4 billion hack by North Korea's Lazarus Group.
  • 88.87% of the stolen funds still remain traceable, with 3.54% frozen and 7.59% lost.
  • Bybit has launched a large-scale effort to recover the stolen funds, with support from top blockchain security firms and crypto organizations.
  • The incident highlights the increasing threat of sophisticated cyberattacks in the cryptocurrency sector.

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