Bybit Hack Update: Over 68% of Stolen Crypto Remains Traceable

Two months after the largest cryptocurrency hack in history, Bybit CEO Ben Zhou has delivered an update that offers some positive news. Of the $1.4 billion stolen in Ethereum (ETH), 68.57% is still traceable, and 3.84% has been frozen. However, a significant portion of the funds – 27.59% – seems to have vanished, likely through sophisticated money laundering techniques and cross-chain bridges. 🕵️‍♀️