🚨 BREAKING: 120,000 $ETH ($240M+) moved from Bybit to an unknown wallet! 🚨
Bybit CEO Ben Zhou updates on the $1.4B hack:
🔹 500K $ETH stolen, 88.87% still traceable
🔹 Hackers heavily using mixers: Wasabi, TornadoCash, Railgun
🔹 86.29% converted to BTC (12,836 BTC across 9,117 wallets)
🔹 193 BTC already laundered via Wasabi → P2P vendors
🔹 $16M BTC stolen, funneled through Wasabi mixer
🚨 Tracking funds through mixers is the #1 challenge!
This is an active, ongoing case. Stay alert! ⚠️