Summary
- Bybit reported that they have frozen $42.89 million of the hacked funds.
- This demonstrates their efforts for fund protection with help from Tether (USDT) and various platforms.
- Bybit's action is being evaluated as a swift response to the hacking incident.
Crypto exchange Bybit has reportedly frozen a portion of the funds stolen in last week's hacking incident.
On the 24th, Bybit announced via X (Twitter) that they have "frozen $42.89 million of the hacker's stolen funds with help from platforms including Tether (USDT), Thorchain, Bitget, and Circle."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
