Bybit CEO: 77% of the funds stolen by hackers can still be traced, 20% cannot be traced, and 3% has been frozen."
According to online reports, according to BybitC EO Ben Zhou, the total amount of funds stolen by hackers was US$1.4 billion (about 500,000 ETH pieces), of which 77% is still traceable, 20% is no longer traceable, and 3% has been frozen. Specific analysis shows that 83%(417,348 ETH pieces, approximately US$1 billion) have been converted to Bitcoin, scattered among 6,954 wallets. Hackers mainly converted ETH to BTC through THORChain, accounting for approximately 72%(361,255 ETH). Another 16% of the funds (79,655 ETH) were lost through the ExCH platform, and 8%(40,233 ETH) were transferred through the OKXWeb3 agent, of which about 5% were untraceable. Currently, 11 parties have assisted in freezing funds, among which Mantle, Paraswap and ZachXBT have contributed the most, paying a total of 2.179 million USDT bounty.
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