Odaily reported that Beosin Trace detected a security incident at Bybit, where assets worth $1.44 billion were withdrawn, including: 401,347 ETH worth $1.12 billion; 90,376 stETH worth $253.16 million; 15,000 cmETH worth $44.13 million; and 8,000 mETH worth $23 million. The funds are now divided into groups of 10,000 ETH and deposited in more than 40 Ethereum addresses. All the hacker addresses have been added to the Beosin KYT label library, and Beosin KYT will issue alerts for any fund transfers involving these addresses. Beosin's security team analyzed that the attack method in this incident is similar to the WazirX case, where the front-end UI was used to deceive and get the multi-signature wallet to sign malicious content, resulting in the funds being transferred out of the multi-signature wallet.