March 22, 2025
Ben Zhou: Most of the funds stolen in Bybit can be tracked thumbnail
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Ben Zhou: Most of the funds stolen in Bybit can be tracked

About 89% of the ~ 500,000 ETH stolen from BYBIT remain tracked, said Bybit Ben Zhou. 3.20.25 Executive Summary on Hacked Funds: Hacker Started to Use Mixers: 1. Wasbi 2. Cryptomixer 3. Railgun 4. TornadoCashTotal Hacked Funds of USD 1.4bn Armund 500k Eth. 88.87% Remain Traceable, 7.59% HAVE GONE DARK, 3.54% HAVE BEEN FROZEN. Breakdown: – […]”, – WRITE: Businessua.com.ua

Ben Zhou: Most of the funds stolen in Bybit can be tracked - infbusiness

About 89% of the ~ 500,000 ETH stolen from BYBIT remain tracked, said Bybit Ben Zhou.

3.20.25 Executive Summary On Hacked Funds:
Hacker Started to Use mixers: 1. Wasbi 2. Cryptomixer 3. Railgun 4. TornadoCash
Total Hacked Funds of USD 1.4BN AROUND 500K ETH. 88.87% Remain Traceable, 7.59% HAVE GONE DARK, 3.54% HAVE BEEN FROZEN.
Breakdown: – 86.29% (440.091 ETH,…

– Ben Zhou (@benbybit) March 20, 2025

According to him, 7.6% of money “went into the shadow”, another 3.5% frozen.

Lazarus Group attackers converted 86.3% of coins (44-00-91 ETH) at 12 836 BTC on 9117 wallets. 193 BTC was missed through Wasabi Mixer and various P2P vandors.

Zhou noted that “transcript” related to transaction mixers is one of the key challenges in tracking funds.

In the last 30 days, BYBIT received 5012 bounty reports, 63 of which were valid. Zhou urged the community to help with consideration.

Earlier, Certik experts recorded a 400 ETH transfer (~ $ 752,000), probably related to Lazarus, to the Tornado Cash cryptomy.

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