
Bybit Hack: $1.4 Billion in Stolen Crypto Fund Tracing Efforts – Coincu
Key Points: Theft of $1.4 billion in crypto from Bybit. Fund tracing reveals conversion to 12,836 BTC. Mixers like Wasabi complicate recovery efforts. $1.4 Billion Crypto Heist: Challenges and Recovery Strategies Ben Zhou, the CEO of Bybit, recently disclosed that $1.4 billion in cryptocurrency was stolen, equivalent to approximately 500,000 ETH. A detailed report highlights…