PANews reported on April 21 that according to Bybit CEO Ben Zhou, approximately 500,000 ETH (worth $1.4 billion) were stolen by hackers, of which 68.57% can still be traced, 3.84% have been frozen, and 27.59% have been "lost". Most of the untracked assets flowed into P2P and OTC platforms through mixers like Wasabi and Tornado Cash. About 84.45% of the ETH have been converted to BTC through THORChain. In the past 60 days, Bybit received 5,443 bounty reports, with 70 being valid reports.
Bybit CEO reveals: $1.4 billion stolen by hackers, 68.57% still traceable
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