Bybit Hacker Launders in $ 250m Eth, spot on chain reports



Bybit Hacker earned 100,000 Eth, about $ 250 million, four days after executing the largest cryptocurrency hest.

According to the 26 February post on X by the blockchain analytics firm Spot on the chain, 499,000 atherium (ETH) stealing hacker is dividing the money from the bibet’s cold wallet into small governing and transferring them between many addresses.

The hacker is using Bitcoin (BTC), DAI (DAI), and other assets using Thorchain to create a cross-chain swap. The attacker still crosses 399,000 eth, a figure, which crosses the ethi, one of the co-founders of Etreum Foundation and Vitalik Buterin, Ethereum, both.

In another development, bybit has repaid 40,000 Eths given to the loan by Bitgate after hack. The CEO of Bitgate confirmed the repayment on February 1 on February 1, emphasizing that the loan was given as an indication of interest or collateral support of the collateral. He praised the rapid recovery of the bibit, given that it demonstrated the strength and flexibility of the cryptocurrency market.

As stated by Crypto.news on 18 February, bybit has already covered the damage caused by exploitation. Bybit CEO, Ben Jhou assured the community that the exchange has taken steps to rebuild the trust and compensated for all the damage caused by haca, the proof-off-reservations audit of Bybit, which continues on 24 February Was done, demonstrated his ability. To face effects.

To stabilize its holdings, the exchange secured ETH shopping, secured loan from bridge partners, and received large -scale whale deposits. According to Bitfinex analysts, the active purchase activity of bybit may support offset sales pressure and perhaps Eth prices.

Despite these efforts, the atherium is still in an improvement phase. Eth is currently trading at $ 2,489 below 9% in 24 hours. Both have contributed to pullbacks due to macroeconomic uncertainty and increase in weak market speed.





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