🚨LATEST: Bybit CEO Ben Zhou posted an update on hacked funds.
• Of $1.4B in stolen crypto, 68.57% remains traceable, 27.59% has gone dark, 3.84% frozen.
• Most untraceable funds flowed into mixers then through bridges to P2P/OTC platforms.
• 432,748 ETH ($1.21B) moved from Ethereum to BTC via Thorchain
• 67.25% has been converted into BTC (10,003 BTC across 35,772 wallets)
• 1.17% remains on the Ethereum blockchain (5,991 ETH across 12,490 wallets)
• 944 BTC ($90.62M) went through Wasabi mixer
• 531 BTC (18,206 ETH) has been transferred from BTC to Ethereum via Thorchain.
• Bounties needed: Only 70 of 5,443 reports were valid#EthereumFuture $ETH