The lion’s share of the breasted BYBIT boxes can still be tracked after the historic electronic broadcast, as Blockchain investigators continue their efforts to freeze and restore this money.
The encryption industry was Give up the largest penetration in history On February 21, when it is It lost more than 1.4 billion dollars In STETH, Mantle Staped ETH (METH) and other digital assets.
Blockchain security companies, including Arkham Intelligence, Lazarus set in North Korea Since the perpetrator is behind the exploitation of bybit, where the attackers continued to switch the money in an attempt to make it not applicable.
Despite the efforts of the Lazaros Group, more than 88 % of $ 1.4 billion is still tracked, according to Ben Chu, co -founder and CEO of BYBIT Exchange.
The CEO wrote on March 20 x mail:
“The total money that was hacked of $ 1.4 billion is about 500 thousand souls. 88.87 % is still tracker, 7.59 % remained, 3.54 % was frozen.”
“86.29 % (440,091 ETH, ~ 1.23B $) was converted to 12,836 BTC via 9117 portfolio (average 1.41 BTC per each),” said CEO, adding that the money was mainly transferred via Bitcoin (BTCMixers including Wasbi, Cryptomixer, Railgun and Tornado Cash.
source: Ben Chu
The CEO update comes nearly a month after the exchange of the stock exchange. it took Lazaros group 10 days for washing 100 % of the stolen BYBIT boxes through the decentralized Croschin Protocol, Cointelegraph said on March 4.
However, Blockchain security experts hope to freeze part of these funds and recover by Bybit.
Related to: Can ETher recover more than 3 thousand dollars after penetrating the huge bybit 1.4 billion dollars?
Baybit $ 2.2 million paid for Lazarus “Bounty Hunters”
The encryption industry needs more Blockchain “fishermen” and white hat, or moral infiltrators, to combat the growing illegal activity of North Korean actors.
“The patterns of decoding transactions through cryptocurrencies are still the biggest challenge to tracking this money.
“During the past thirty days, 5012 bonus reports have been received, including 63 valid reports. We welcome more reports, and we need more bonus fishermen who can decipher the mixers because we need a lot of help there on the road.”
source: Lazarusbounty
Bybit has given more than $ 2.2 million from money to 12 fishermen to obtain relevant information that may lead to freezing money. The stock exchange offers 10 % of the recovered funds as a reward for infiltrators and investigators from the white hat.
Related to: The exploitation of bybit offers security defects in the exchange of central encryption
The BYBIT attack highlights that even central exchanges with strong security measures Exposed to advanced electronic attacksAnalysts say.
“This incident is another blatant reminder that even the most powerful security measures can be retracted by a human error,” Lucian Pordon, Trezor analyst, told Cointelegraph.
Bordon explained that the attackers used advanced social engineering technology and deceived them to agree to a harmful treatment that drained the encryption of a cold bybit port.
Brebit is more than twice the size $ 600 million penetration of a polybody network In August 2021, making it the largest exchange of encryption so far.
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