Bybit hacker launders more than 50% of the $1.4B stolen Ethereum in less than a week

The hacker behind the $1.4 billion Bybit exploit has already laundered more than 50% of the stolen Ethereum, primarily using THORChain to swap ETH for Bitcoin. According to blockchain analytics firm Spot On Chain’s Feb. 28 post on X, the…

Feb 28, 2025 - 03:00
Bybit hacker launders more than 50% of the $1.4B stolen Ethereum in less than a week
The hacker behind the $1.4 billion Bybit exploit has already laundered more than 50% of the stolen Ethereum, primarily using THORChain to swap ETH for Bitcoin. According to blockchain analytics firm Spot On Chain’s Feb. 28 post on X, the…
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