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Bybit CEO Ben Zhou has revealed shocking details about a $1.4 billion crypto hack linked to North Korean operatives. Over 68% of the stolen funds remain traceable, but nearly $300 million has vanished into mixers and dark wallets.
- Hackers converted 432,748 ETH ($1.21B) to Bitcoin via Thorchain, distributing it across 35,772 wallets.
- Wasabi Mixer processed 944 BTC ($90.6M), with ties to North Korea’s Lazarus Group.
- Bybit has validated 70 bounty reports out of 5,443 submissions to trace stolen funds.
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