The CEO of Baibit states that more than $ 200 million mixture of $ 1.46 billion stolen from the exchange has become unattainable due to services.
Baibit CEO Ben Jhou says that about 20% of funds are now unattainable, two weeks after a decrease of more than $ 1.4 billion in a highly refined attack by North Korea -backed hackers, for less than two weeks, for less than two weeks. In One x post On March 4, Jhou shared an update on the ongoing investigation in the cyber attack, revealing that 77% stolen stolen about 77% of theft, but about 20% of the mixture “dark” through services.
The hacker mainly used thorchain, a cross-chain liquidity protocol that came under investigation for reluctance to prevent DPRK hackers from looting funds, to convert the theft atherium (Eth) into bitcoin (BTC). About 83% of money, or about $ 1 billion, was swapped into BTC in 6,954 wallets.
“This and the upcoming week is important for fund freezing because the fund exchanges will begin to be clear in OTC [over-the-counter] And p2 p [peer-to-peer],
Ben Zhou
As Crypto.news had previously reported, while other protocols took steps to stop the movement of stolen money, thorchain verified failed to take meaningful action. Pluto, one of the main contributors, resigned in protest, as the nodes rejected a governance proposal to prevent etha transactions.
Of the stolen funds, 72% ($ 900 million) passed through Thorchen, which is detectable, says Zhou. However, around 16% of funds, a total of 79,655 ETH (~ $ 160 million), a centralized crypto mixing service, darkness through exchange.
Jhou mentioned that the exchange is still waiting for an update on these transactions. Another part of the fund (~ $ 65 million) is also inaccessible as Zhou says that more information is required from OKX’s web 3 wallet. In addition, bybit CEO revealed that 11 parties, including mental, parsawap and blockchain sleeve zachxbt, have helped freeze some funds, resulting in more than $ 2.1 million in bouted payment.
