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Spot On Chain|Feb 25, 2025 06:22
🚨 100,000 ETH (~250M) has been laundered by #Bybit hacker in under 4 days!
The hacker has now washed 20% of the stolen 499K ETH, actively splitting funds into smaller amounts across multiple addresses and using THORChain for cross-chain swaps into BTC, DAI, and other assets.
With 399K ETH still in their possession, the Bybit hacker holds more ETH than Vitalik Buterin or even the Ethereum Foundation.
Follow @spotonchain and track the #Bybit hacker at https://platform.spotonchain.ai/en/entity/2440
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