Bybit was hacked in February 2025, and hackers managed to steal USD 1.5 billion worth of Ethereum. The FBI accused North Korean hackers of such a large crypto theft. Bybit CEO Ben Zhou provided an update about the hacked funds. He said that 68.57% of the total stolen funds were traceable, 27.59% went the dark, and 3.84% were frozen. Ben Zou said most untraceable funds flew into mixers and then through the bridges to P2P/OTC platforms. He updated that USD 1.21 billion worth of Ethereum was moved to BTC via Thorchain. Bybit Crypto Hacked: FBI Accuses North Korean-Backed Hackers of Stealing USD 1.5 Billion Worth of Ethereum in Crypto From Dubai-Based Firm.

Bybit CEO Ben Zhou Said 68.57% Funds Traceable from February’s USD 1.5 Billion Worth Crypto Theft

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