šØ The $1.5 Billion Hack ā Why the Hacker Canāt Cash Out šØ
If anyone thinks a hacker can walk away with $1.5 billion, theyāre mistaken. The reality is, cashing out such a massive sum is nearly impossible in todayās crypto landscape.
Hereās Why:
1ļøā£ Stablecoins Are Locked Down ā Tether (USDT) and Circle (USDC) will freeze the funds instantly if detected.
2ļøā£ Exchanges Require KYC ā No major exchange will process this without identity verification, leading to an account freeze.
3ļøā£ Bridges Lack Liquidity ā Platforms like Jumper, Odos, and Stargate simply donāt have the liquidity to handle such a conversion.
4ļøā£ P2P Wonāt Work ā Thereās no feasible way to offload $1.5 billion through peer-to-peer transactions without attracting attention.
5ļøā£ Authorities Are Watching ā Bybit, Binance, the FBI, SEC, white-hat hackers, and ZachXBT are already tracking the movement.
Outcome?
šØ Best-case scenario: The hacker negotiates a 10% bounty with Bybit in exchange for returning the funds.
šØ Worst-case scenario: The stolen assets are frozen, blacklisted, and ultimately recovered.
This isnāt 2010ācrypto security has evolved, and large-scale exploits like this are no longer an easy payday.
#CryptoSecurity #BybitHack #BlockchainForensics #FUDDebunked