Hackers launder most of Bybit’s Stolen Crypto Work $ 1.4 Billion

A pile of Bitcoin slugs sit in a box ready to be minted by Software engineer Mike Caldwell in his shop on April 26, 2013 in Sandy, Utah.

The hackers who stole around $ 1.4 billion in cryptocurrency from crypto exchange bybit has moved nearly all of the Robbed Proceeds and Converted Them Into Bitcoin, In What Experts Call the fir Phase of the money laundering operation. On February 21, bybit said that a “sophisticated attack” on one of the company’s wallets Resulted … Read more

Hacked Crypto Exchange Bybit Offers $ 140 Million Bounty to Trace Stolen Funds

Ben Zhou, chief executive officer of ByBit, during the Token2049 conference in Singapore, on Thursday, Sept. 14, 2023.

Last Week, Hackers Stole Around $ 1.4 billion in ethereum cryptocurrency from crypto exchange bybitBelieved to be the largest crypto heist in history. Now, the company is offering a total of $ 140 million in bountiies for anyone who can help trace and freeze the structure funds. Bybit’s Ceo and Co-Founder Ben Zhou Announced the … Read more

Crypto exchange bybit says it was hacked and lost Around $ 1.4b

Ethereum

Crypto exchange bybit announced on Friday that “a sophisticated attacked” LED to Theft of Ethereum (Eth) from one of the company’s offline wallets. Bybit’s Chief Executive and Co-Founder Ben Zhou said in a livestream that hackers Stole Around 401,346 Eth, which at the time of the time of theft amounts to about $ 1.4 bill. … Read more