According to online reports, Beosin's security team analyzed that Bybit's attack methods were similar to WazirX's. Both of them used front-end UI deception to make the multi-signature wallet sign malicious content and tampered with the logic of the multi-signature wallet to implement the contract, resulting in the multi-signature wallet's funds being transferred out. Beosin Trace monitored that funds worth US$1.44 billion were withdrawn from Bybit safety incidents, including: 401,347 ETH worth US$1.12 billion; 90,376 stETH worth US$253.16 million; 15,000 cmETH worth US$44.13 million; and 8,000 mETH worth US$23 million. Currently, funds are divided into 10,000 ETH groups and deposited in more than 40 Ethereum addresses. All hacker addresses have been added to the Beosin tag library. Beosin KYT will alert all fund transfers involving hacker addresses.