According to PANews, Bybit CEO Ben Zhou has reported that certain funds have been transferred to Chainflip.io for conversion into Bitcoin. The transactions involved are as follows:

- 0x4f5f7ba657bf518d383828183087978b452b99da6cde0c9b94739b8d72a8c5ef

- 0x1e71b458812c91ce7c49922d9e966ba99cda1a1f017c8dfabb31f560a67ddfcc

- 0x3ff650d457ce3edba4a05b07d60360bb571f496b0ff506abf77cacbbce04e6b2

- 0xdc505d2661f8bc9429a4bed354c2ccfefb15013477efd7e6f578c0e37340446a

Zhou has urged cross-chain bridge projects to assist in blocking and preventing further conversions to other chains. Bybit plans to announce a bounty program soon for anyone who helps in blocking or tracing the funds, leading to their recovery.