Summary
- The hacker who attacked Bybit has resumed moving funds after stealing approximately $1.46 billion worth of cryptocurrency.
- The hacker primarily used THORChain to transfer assets to the Bitcoin blockchain and swapped them for non-freezable DAI through OKX DEX.
- Beosin analyzed that their money laundering method is becoming increasingly stable.
The hacker who attacked global cryptocurrency exchange Bybit has reportedly resumed moving funds.
Web3 security firm Beosin announced through their official X (formerly Twitter) account on the 24th that "the Bybit hacker has started moving assets again." The hacker recently stole approximately $1.46 billion (about 2 trillion won) worth of cryptocurrency from Bybit.
Beosin analyzed that the hacker's money laundering method is "becoming increasingly stable." According to Beosin, the Bybit hacker primarily used THORChain to transfer the stolen assets to the Bitcoin blockchain, then swapped them for non-freezable DAI through OKX DEX (Decentralized Exchange).
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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