Summary

Data block

Collection item

The use of blockchain privacy tools, decentralized exchanges, and cross-chain protocols, including THORChain, ExCH, and OKX Web3 Proxy, has made tracking and recovering the funds stolen from Bybit in February 2025 highly challenging.
Stolen funds from the February 2025 Bybit hack were routed through multiple platforms, including THORChain, OKX Web3 Proxy, and ExCH, with some remaining partially traceable while others require further investigation.
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.
Bybit CEO Ben Zhou stated that the coming weeks will be critical for freezing the funds stolen from Bybit in February 2025 before hackers attempt to launder them through centralized exchanges, OTC desks, and P2P networks.
Bybit suffered a $1.4 billion security breach in February 2025, which resulted in the theft of $1.4 billion in crypto
The Bybit hack of February 2025 was linked to the North Korean Lazarus Group, which allegedly used malicious code to steal $1.4 billion in crypto assets
The majority of the 417,348 ETH stolen from Bybit in February 2025, valued at approximately $1 billion, was converted into Bitcoin (BTC) and distributed across nearly 7,000 wallets to hinder tracking efforts.

Data source type

Collection data source

Filter

{"where":{"AND":[{"attribute":"Jfmby78N4BCseZinBmdVov","is":"KeG9eTM8NUYFMAjnsvF4Dg"}]}}