Bybit CEO Confirms $280M Lost as Recovery Efforts Continue
Bybit CEO Ben Zhou confirms $280 million laundered from the $1.4 billion stolen, with $1.07 billion still trackable as investigators freeze assets.
Bybit CEO Ben Zhou confirms $280 million laundered from the $1.4 billion stolen, with $1.07 billion still trackable as investigators freeze assets.
The ByBit hack reignites crypto’s censorship debate, highlighting the tension between security measures and true decentralization.
The FBI links North Korea’s Lazarus Group to the $1.5B Bybit hack, urging crypto firms to block illicit transactions and report leads.
North Korea’s Lazarus Group stole $1.5B from Bybit. The FBI links them to major crypto heists, fueling calls for stricter regulations.
Bybit repays 100K ETH after hack, but laundering surges. Hackers still hold $900M. Meanwhile, Grayscale moves to integrate ETH staking.
Bybit boosts Ethereum holdings post-hack, hackers launder stolen funds fast, and ETH charts signal a potential breakout to $10K.
Crypto faces turmoil as manipulation, security flaws, and a liquidity crisis shake investor confidence, requiring the industry to rebuild trust.
Bybit freezes $42.85M with global exchanges after $1.5B hack; Tether, Circle flag wallets as Ethereum community explores rollback options.
Safe{Wallet} restores services post-hack, Bybit freezes $42.89M, and Ethereum rollback debates spark controversy in the crypto.
Bybit has suffered a $1.4 billion exploit, with hackers draining Ethereum and laundering it into Bitcoin. Industry leaders react as exchanges assist.
Bybit lost $1.4 billion in the hack, but the crypto industry’s response shows growth and unity, with recovery efforts underway from major players like Binance.
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