The post Bybit Hack Update: Latest Tracking Shows Progress in Fund Recovery appeared first on Coinpedia Fintech News
Recently, in one of the most disastrous hacking attacks conducted by the notorious North Korean hacker group, Lazarus, Bybit lost at least $1.4 billion. The incident has sent shockwaves across the cryptocurrency industry. However, with the support of various top crypto players, including prominent blockchain security groups, the organisation has launched an action to regain the lost funds. A post by Bybit CEO Ben Zhou indicates that the action has achieved the desired result to some extent. According to Zhou, at least 88.87% of the stolen funds remain traceable. Curious to know more. Read on!
Bybit Hack: Latest Tracking Updates
In the post, Ben Zhou asserts that around 88.87% of the stolen funds of $1.4 billion remain traceable.
This clearly indicates that the efforts to recover the lost funds are progressing in the right direction.
In the initial repo
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