Bybit hacked for $1.4B. I believe that's the biggest hack of all time

working on meta.matcha.xyz, yc alum, @orangedao

Most of this money has to stay on chain right? Or at least a majority of it for a good amount of time? I can’t imagine it’s easy to off-ramp 10 figures.

Founder of /success & /insider-trading. Search Marketing Director at Kraken Kratom.

I think it’s easier then we think bro🥲

Remeber the dude draining me?
That wallet had $1.7M, and I’m sure it’s not the only one.

So if they did, I think they’ll manage to get away with it, but I hope the exact opposite

Just /keepushing • believer of /butterflyeffect         3D artist • Year 4 of everydays                 https://linktr.ee/Push.gfx

Exactly what I thought!
They ofc can’t fully cash it out at once, but they will cash out, and nobody will ever notice imho

1.7M and 1.5B very very different amounts of liquidity though.

No off-ramps where you can move that kinda money without it getting taken. 

More likely they’ll continually cash out small amounts to live like kings for the rest of their lives and leave the rest on chain. Maybe even in some of our bags. (One can hope)