Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.

Bybit suffered one of the largest crypto heists in history, with hackers stealing nearly $1.4 billion in customer assets. While the attack was

The Bybit CEO has warned that this will be a "critical" week to track down funds from the hack that drained $1.4 billion from the exchange.

More than 77% of the funds stolen in the massive Bybit hack remain traceable, while 20% have gone dark, CEO Ben Zhou said Tuesday on X.

Bybit CEO Ben Zhou has provided an update on the movement of hacked funds, revealing that of the $1.4 billion stolen, 77% remains traceable.

North Korea's Lazarus group, reportedly behind the Bybit hack, has laundered all 499,000 stolen ETH leveraging crypto mixers and DEXs.

Bybit has already paid more than $4 million to bounty hunters who helped trace and freeze some of the stolen funds.

A Bybit program showed users could receive a 10% bounty for tracing funds associated with a Feb. 21 hack, potentially netting them up to $140 million.

The Bybit hacker has successfully laundered all 499,000 ETH within 10 days. Most of the stolen funds were funneled through ThorChain and converted into Bitcoin.