On February 21, a significant cyberattack on Bybit resulted in the theft of 499,000 Ether, with 62,200 Ether transferred to North Korea’s Lazarus Group on March 1. The total value of the theft is recorded at $1.4 billion, raising alarms within the cryptocurrency market.
Details of the Transfers
Investigations indicate that approximately 68.7% of the stolen Ether has been moved, an increase from the previous rate of 54%. Experts predict that the remaining 156,500 Ether is likely to be transferred soon.
EmberCN: “343,000 Ether has been transferred; the remaining funds are expected to be moved within the next three days.”
FBI and Crypto Monitoring Efforts
The FBI has publicly shared 51 Ethereum $2,245 addresses linked to individuals involved in the attack, while blockchain analysis firms Elliptic an…