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Bybit Hack Latest News: CEO Says 77% of Stolen Funds Still Traceable

Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain. Mar 4, 2025, 9:06 a.m. UTCOver 77% of the funds stolen in a record hack on crypto exchange Bybit remain traceable, while 20% have "gone dark" and are untraceable, CEO Ben Zhou said in an update on X early Tuesday.“This and the coming week is critical for fund freezing as the funds will start to clear at exchanges, otc and p2p,” Zhou said, referring to the ha...

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