The hacker has laundered all the 499,000 ETH ($1.39 billion) stolen from Bybit, and the whole process took 10 days. THORChain, the main channel used by the hacker to launder money, received $5.9 billion in transaction volume and $5.5 million in handling fees.

Nearly $1.5 billion of ETH assets were stolen from Bybit, most of which entered the Bitcoin network and were used to conduct complex money laundering operations on Bitcoin.

ℹ️Source: 🔗

The hacker has laundered all the 499,000 ETH ($1.39 billion) stolen from Bybit, and the whole process took 10 days. THORChain, the main channel used by the hacker to launder money, received $5.9 billion in transaction volume and $5.5 million in handling fees.…

Wu Blockchain

The hacker has laundered all the 499,000 ETH ($1.39 billion) stolen from Bybit, and the whole process took 10 days. THORChain, the main channel used by the hacker to launder money, received $5.9 billion in transaction volume and $5.5 million in handling fees.

Nearly $1.5 billion of ETH assets were stolen from Bybit, most of which entered the Bitcoin network and were used to conduct complex money laundering operations on Bitcoin.

ℹ️Source: 🔗 https://x.com/wublockchain/status/1896745328055120305?s=46