🔥#Bybit CEO @benbybit has released the latest executive summary on the March 20th fund theft incident: The total amount of stolen funds reached $1.4 billion (approximately 500,000 $ETH). Of this, 68.57% is still traceable, 27.59% is untraceable, and 3.84% has been frozen.

The untraceable funds primarily flowed into mixers and were then transferred via cross-chain bridges to P2P and OTC trading platforms. The North Korean hacker group (DPRK) mainly used the Wasabi mixer. After being laundered through Wasabi, a small amount of $BTC was transferred to CryptoMixer, Tornado Cash, and Railgun, and subsequently exchanged across chains through platforms like Thorchain, eXch, Lombard, LiFi, Stargate, and SunSwap. Ultimately, these funds entered OTC or P2P fiat exchange services.
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