Here the question is more about exchanges, not crypto, and the quality of their code and employee loyalty😁

🚨 $1.5 BILLION STOLEN - AND YOUR FUNDS COULD BE NEXT.
On February 21, 2025, hackers pulled off one of the most audacious crypto heists in history, exploiting a vulnerability in Bybit’s security framework to siphon away 1.5 billion USD worth of ETH. The culprits? Allegedly, the notorious Lazarus Group, masters of cyber warfare and financial deception.

But here’s where things get crazy: The stolen funds didn’t just disappear. Within 10 days, they were funneled through an intricate network of DeFi protocols, cross-chain bridges (THORChain, RenBridge), and unregulated exchanges. GarantEX emerged as a key player in the laundering process, while over 1,000 flagged wallet addresses remain under intense scrutiny.

🔍 The Aftermath
Bybit injected 447,000 ETH ($1.23B) into reserves to stabilize operations.
A record-breaking $150M bounty is on the table for those who help recover the funds.
Global law enforcement is closing in, with arrests already made in India.
Regulators are watching. Will this spark a new wave of crackdowns on crypto privacy tools?

🚀 How to Keep Your Crypto Safe
1️⃣ Cold wallets > Exchange wallets. If it's not in your possession, it’s not yours.
2️⃣ Double-check transaction approvals. Lazarus Group tricked signers - don’t be next.
3️⃣ Use decentralized solutions wisely. Privacy is good, but blind trust in DeFi can be fatal.

Bybit is scrambling to contain the fallout, but this heist is a wake-up call - if even major exchanges can get drained, what’s really protecting your funds? Maybe it's time to rethink where you park your crypto. Projects like $UHILANT remind us why decentralization isn’t just a buzzword - it’s a necessity. 🔥
#BybitHackLaunderingInvestigation $ETH #UHILANT