Bybit CEO Provides Updates on $1.4B Ethereum Heist, Tracking 68% of Stolen Crypto

The Bybit CEO sheds light on the recent $1.4 billion Ethereum hack attributed to the Lazarus Group, revealing that tracing efforts have identified 68.57% of the stolen 500,000 ETH. The company’s proactive approach involves blockchain analytics and international cooperation in an effort to recover the remaining untracked cryptocurrency. This significant development highlights the ongoing progress in recovering stolen cryptocurrencies and emphasizes the importance of robust security measures for exchanges like Bybit.