Bybit hacker launders over 50% of stolen Ethereum in 7 days

Bybit hacker launders $250M in ETH, Spot On Chain reports


The pirate behind the feat of $ 1.4 billion has already whitened more than 50% of the stolen Ethereum, mainly using Thorchain to exchange ethics against Bitcoin.

According to the blockchain analysis company, spot on the post on February 28 of the chain on X, the striker Blanchi 266 309 Ethereum (Ethn), approximately $ 614 million in the last 5 days at an average rate of 48,420 ETH per day. If this pace continues, the remaining 233,086 ETH could be completely bleached in the five additional days.

The unleashing of the pirate’s silver bntna caused a record point in Thorchain (RUNE) activity. Crypto.News reported On February 27, daily volumes of transactions increased considerably from $ 80 million to $ 580 million per day from February 22.

In just five days, the total volume of transactions reached $ 2.91 billion, Thorchain earning $ 3 million in increased use. On February 26 alone experienced a record of $ 859.61 million in Swaps, followed by an additional $ 210 million on February 27, pushing the total of two days over $ 1 billion.

In a February 26 statementThe Federal Bureau of American Investigation has officially linked North Korean pirates to breakage. According to the FBI, the hacking of Bybit, known as “Traderraitor”, is part of a larger series of cyberattacs attributed to the North Korean pirates sponsored by the State.

Meanwhile, the Sygnia Labs and Verichain medical investigations confirmed that Bybit’s security infrastructure had remained intact despite the violation. A detailed pirat post-mortem revealed that vulnerability was linked to a safe portfolio developer machine that had been compromised.

The attackers used this machine to insert malicious javascript code in the user interface of Gnus Safe, specifically targeting the cold wallet of Bybit. Safe said that his intelligent contracts are sure, but the incident shows that hackers are focusing more and more on infrastructure providers rather than exchanges themselves.

Bybit launched a website to follow the whitening From its stolen funds and offer a bonus to the exchanges which help to recover the assets.

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