Coinspeaker
Bybit Hack Update: Hackers Launder Over $605M in Ethereum Despite Identity Reveal
Hackers responsible for the Bybit exploit have continued to launder stolen funds, moving over $605 million in Ethereum
ETH
$2 218
24h volatility:
4.5%
Market cap:
$267.89 B
Vol. 24h:
$39.61 B
despite their identities being unmasked by blockchain security firms.
Following the historic Bybit hack last Friday, blockchain security firms, including Elliptic and Arkham Intelligence, identified North Korea’s Lazarus Group as the perpetrators. The notorious cybercriminal syndicate has been behind some of the most high-profile crypto heists, including the $540 million Ronin Network exploit in 2022.
Laundering Continues Despite Exp
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