Editor's PiCK

"Bybit Hacker Has Laundered 23% of Stolen Ethereum"

Source
Son Min

Summary

  • It was reported that 23% of the Ethereum stolen by the Bybit hacker has already been laundered.
  • Approximately $900 million worth of Ethereum is currently being moved for laundering.
  • Analysts estimate it will take 8-10 days to launder all remaining Ethereum.
Source=CoinTelegraph X
Source=CoinTelegraph X

It has been revealed that 23% of the Ethereum (ETH) stolen by the Bybit hacker has been laundered.

On the 26th (local time), CoinTelegraph reported through X that "Bybit hackers have already laundered $335 million of the stolen Ethereum worth $1.4 billion" and that "$900 million worth of Ethereum is still being moved (for laundering)."

An EmberCN analyst stated, "At the current rate, it will only take 8-10 days to launder all remaining stolen Ethereum."

Previously, Bybit suffered a major hacking attack and lost approximately 401,347 ETH. This amounts to about $1.46 billion.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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