Bybit hackers resume laundering activities, moving another 62,200 ETH

Share via:


North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a pseudonymous crypto analyst noted.

Approximately 343,000 Ether (ETH) of the 499,000 Ether stolen from the $1.4 billion Bybit hack has been moved, said X user EmberCN, who expects the remaining funds to be cleared in the next three days.

The 343,000 Ether moved equates to 68.7% of the stolen funds — up from 54% on Feb. 28.

EmberCN previously noted that laundering activities had slowed amid…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Bybit hackers resume laundering activities, moving another 62,200 ETH


North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a pseudonymous crypto analyst noted.

Approximately 343,000 Ether (ETH) of the 499,000 Ether stolen from the $1.4 billion Bybit hack has been moved, said X user EmberCN, who expects the remaining funds to be cleared in the next three days.

The 343,000 Ether moved equates to 68.7% of the stolen funds — up from 54% on Feb. 28.

EmberCN previously noted that laundering activities had slowed amid…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Retroid offered very limited returns for its unfixable handheld

The Retroid Pocket Mini has an unfixable issue...

MWC 2025 | OPPO brings AI to more users...

At the OPPO AI Tech Summit during Mobile...

Airtel Postpaid Mobile Plans with Netflix

Bharti Airtel, India's second-largest telecom operator, has two...

Popular

Upcoming Events

MWC 2025 | Intel unveils latest AI-powered commercial PC...

Intel, on Wednesday, launched its most advanced AI-driven...

Empowering Hygiene: Mental Switch Donates Napkin Incinerator Machines

Bengaluru (Karnataka) , March 8: On the occasion...

Utah becomes the first state to pass legislation requiring...

Utah on Wednesday became the first state to...
d.er.sdfdsa d.fesdfrwa.dfa d.er.ssdfdfdsa d.fesdfdfrwa.dfa