Bybit was hacked in February 2025, and hackers managed to steal USD 1.5 billion worth of Ethereum. The FBI accused North Korean hackers of such a large crypto theft.
Bybit CEO Ben Zhou provided an update about the hacked funds. He said that 68.57% of the total stolen funds were traceable, 27.
59% went the dark, and 3.84% were frozen. Ben Zou said most untraceable funds flew into mixers and then through the bridges to P2P/OTC platforms.
He updated that USD 1.21 billion worth of Ethereum was moved to BTC via Thorchain. Bybit Crypto Hacked: FBI Accuses North Korean-Backed Hackers of Stealing USD 1.
5 Billion Worth of Ethereum in Crypto From Dubai-Based Firm. 🚨LATEST: Bybit CEO Ben Zhou posted an update on hacked funds. • Of $1.
4B in stolen crypto, 68.57% remains traceable, 27.59% has gone dark, 3.
84% frozen. • Most untraceable funds flowed into mixers then through bridges to P2P/OTC platforms. • 432,748 ETH ($1.
21B) moved from...
pic.twitter.com/6LytJysUzx — Cointelegraph (@Cointelegraph) April 21, 2025 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube.
The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.) Bybit was hacked in February 2025, and hackers managed to steal USD 1.
5 billion worth of Ethereum. The FBI accused North Korean hackers of such a large crypto theft. Bybit CEO Ben Zhou provided an update about the hacked funds.
He said that 68.57% of the total stolen funds were traceable, 27.59% went the dark, and 3.
84% were frozen. Ben Zou said most untraceable funds flew into mixers and then through the bridges to P2P/OTC platforms. He updated that USD 1.
21 billion worth of Ethereum was moved to BTC via Thorchain. Bybit Crypto Hacked: FBI Accuses North Korean-Backed Hackers of Stealing USD 1.5 Billion Worth of Ethereum in Crypto From Dubai-Based Firm.
🚨LATEST: Bybit CEO Ben Zhou posted an update on hacked funds. • Of $1.4B in stolen crypto, 68.
57% remains traceable, 27.59% has gone dark, 3.84% frozen.
• Most untraceable funds flowed into mixers then through bridges to P2P/OTC platforms. • 432,748 ETH ($1.21B) moved from.
.. pic.
twitter.com/6LytJysUzx — Cointelegraph (@Cointelegraph) April 21, 2025 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body.
The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.).
Technology
Bybit Hacked Crypto Funds Update: CEO Ben Zhou Says 68.57% Funds Traceable, 27.59% Non-Traceable From February’s USD 1.5 Billion Worth Ethereum Theft

Bybit CEO Ben Zhou provided hacked crypto funds update revealing that 68.57% of funds were traceable, while 27.59% remained non-traceable from February’s USD 1.5 billion worth Ethereum theft.