Bybit: Successfully Frozen $42.89 Million of Stolen Funds, Thanks to Multi-Party Coordination Efforts
Bybit officially announced that, with the efforts of multi-party coordination, they managed to freeze $42.89 million of stolen funds within one day. The institutions that offered assistance comprise Tether, THORChain, ChangeNOW, FixedFloat, the Avalanche Ecosystem, CoinEx, Bitget, Circle, and others.