🚨The "Bybit" website hackers have started to launder about 10% of the $1.46 billion they stole. The company "Elliptic", which specializes in blockchain data analysis, has managed to trace over $140 million of the initial transactions. The hackers are systematically transferring the stolen money through obscure trading platforms, and then converting it to "Bitcoin", making it harder to track and recover the funds.

"We may find a trail of these transactions, but the complex methods they use can disrupt the tracking process, giving the hackers more time to dispose of the money."

"They are also expected to use mixing services to further obscure the transaction trails."

The hackers distributed the stolen funds across 50 different wallets, each containing about 10,000 Ethereum (ETH). According to "Elliptic", this money has started to be systematically disposed of and converted to "Bitcoin".‼️