Bybit Hack: Thief Washes 18% of $1.4B Haul in 60 Hours

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The attacker behind the massive Bybit exploit has already laundered 18% of the stolen funds in just 60 hours. They are reportedly using THORChain for cross-chain swaps, moving at breakneck speeds to convert ETH into other crypto assets. $224 Million Laundered In a social media post published on February 25, blockchain analysis firm EmberCN revealed that in the past two and a half days, the hacker successfully laundered 89,500 ETH, valued at about $224 million. This represents approximately 18% o...