In Greece confiscated a portion stolen in Bybit funds

Greek law enforcement officers seized cryptocopes associated with the February break of the BYBIT exchange of $ 1.5 billion. According to the Minister of Economy and Finance Kiriakos Pierrakakis, this is the first such confiscation in the country.

Πρώτώ φορά στην ελλάδα: εντοπισμός και και Δέσμευση κρυπτονοmmοομμννννςςςςςϊæσυ ified υθ υό υ υ υ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ υθ ES. τη μεγαλύτερη κυβερνοκλοπο would στον χώρο των crypto. pic.twitter.com/i2euzsz1zn

– kyriakos pierrakakis (@pierrakakis) June 24, 2025

Specialists in combating Greece laundering found a suspicious transaction that led to a wallet that participated in the initial withdrawal of Bybit’s assets. According to Pierrakakis, the wallet was connected with the local cryptocurrency.

With the Chainalysis Reactor tool, analysts were able to trace the movement of funds and bring the link between the suspect’s wallet and the addresses used in the break. This made it possible to issue an asset freezing warrant before they disappeared.

The Minister reported that the Greek financial intelligence operations have already been allowed to return to the victim about € 10 million ($ 11.7 million). However, it does not specify whether the amount of recent confiscation includes here.

According to the Bybitlazarus Bounty portal, in total, $ 72 million has currently blocked – 5% of the amount of stolen funds, almost $ 460 million (approximately 33%) can still be tracked.

We will remind, according to TRM Labs, in the first six months of 2025 the cryptoric suffered losses of $ 2.1 billion due to hacker attacks.

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