More than 77% of the funds stolen in record hacking on the crypto exchange of exchange remains traceable, while 20% have “become dark” and are not found, said CEO Ben Zhou in an update on X Tuesday.
“This week and the coming week is essential for freezing the funds, because the funds will begin to strive in exchanges, over -the -counter and P2P,” said Zhou, referring to the efforts of money laundering pirates and converting it into species.
Some 417,348 ether (ETH), valued at around 1 billion dollars, remain traceable on the blockchain after being moved using Thorchain focused on confidentiality. 20% additional funds, around 79,655 ETH or 200 million dollars, “became dark” via Exch.
A smaller portion, 40,233 ETH or 100 million dollars, had crossed the OKX web3 proxy, but 23,553 ETH, worth $ 65 million, remain untreated.
Zhou said that the pirates had converted 83% of the stolen eTH – 361,255 ETH; or $ 900 million – in BTC, distributing it on 6,954 wallets, with an average of 1.71 BTC per portfolio using Thorchain.
Thorchain treated $ 4.66 billion in Swaps over the week ending on March 2, the highest number of files, according to the Data source Defillama – which makes more than $ 5.5 million in illicit flow costs.
The north-Korean hacking group Lazarus targeted bybit at the end of February by injecting the malicious code in SAFEWALLET, a third-party portfolio used by exchange, to steal billions of assets of the Stock Exchange.
The attackers compromised the device of a developer, allowing them to handle a routine portfolio transfer and siphon nearly $ 1.5 billion ETH.
Bybit has fully returned to 1: 1: 1: 1: 1: 1: attack support, as Coindesk previously reported. Addressing activity suggests that more than $ 400 million has been purchased through more and more negotiations, with an additional $ 300 million from scholarships.
