Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still remain traceable.
In an executive summary on hacked Bybit funds posted on X on April 21, Ben Zhou data-ct-non-breakable=”null” href=”https://x.com/benbybit/status/1914155633781469371″ rel=”null” target=”null” text=”null” title=”null”>said that of the total $1.4 billion hacked, 68.6% “remains traceable,” 27.6% has “gone dark,” and 3.8% has been frozen.
The untraceable funds primarily data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bybit-hacker-launders-1-billion-stolen-funds” rel=”null” target=”null” text=”null” title=”null”>flowed into mixers, then through bridges to peer-to-peer and over-the-counter platforms, he added.
In February, hackers…

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