Bybit CEO Ben Zhou provided an update, stating that 77% of the funds stolen from Bybit by hackers in February 2025 remain trackable, while 20% have been laundered beyond recovery.

Description

On March 4, 2025, Ben Zhou announced that $1.07 billion (77%) of the stolen funds remain traceable, while $280 million (20%) has been successfully laundered using privacy-enhancing services, rendering them untraceable. Additionally, $42 million (3%) has been frozen, preventing further movement.

Event date

Mar 4, 2025 - 12:00am