Bybit Exploiter managed to wash over 50% of the stolen funds during the week, since he hacked the stock exchange, despite analysts about the disclosure of his identity.
The centralized exchange of cryptocurrencies Bybit has been hacked for over $ 1.4 billion crypto on February 21, which means the largest hack in the history of cryptocurrency
According to Looconchain, Bybit Exploiter has already asked over 605 million ether dollars (ETH), i.e. over 54% of total stolen funds. The cryptocurrency platform wrote on February 28 x post:
“Until now, #bybit was a washing $ 270,000 ETH ($ 605 million, 54% of stolen funds) and still has 229 395 $ et ($ 514 million)”. “
Source: Lookonchain
According to many analytical companies, Blockchain Analytics Group in North Korea has been identified as the main culprit Bybit Exploit.
Exploiters used the report of Thorchain cross -country assets to transfer funds. The volume of Thorchain’s exchange exceeded a record record worth $ 1 billion after hacking Bybit, Cointelegraph informed on February 27.
The protocol was the subject of significant controversy among the growing flow of illegal funds from North Korea.
Related: Can Ether recover over USD 3,000 after huge hacking Bybit USD 1.4 billion?
Thorchain Dev leaves the controversy around the hacking funds of Bybita
Some industry observers criticized the features of Thorchain’s privacy for enabling the movement of illegal funds by North Korea agents.
After voting to block transactions related to hackers from North Korea, he was returned to the protocol, one of the leading programmers Thorchain announced his exit.
“I will no longer contribute to Thorchain immediately,” the main programmer of the breakthrough converting protocol, known only as a “platoon”, wrote In February 27 X Post.
The platoon said that they would remain available “as long as I need and ensure an ordered transfer of my duties.”
Pluton’s exit appears after “TCB” Thorchain “TCB” he said At X, they were one of the three Walidaries who voted for stopping the trade in the protocol to cut off the Lazarus group.
TCB later wrote on X, that they also come out “if we do not quickly take the solution to stop NK [North Korean] flows. “
Related: Hack Bybit, the highest payments of USD 5.3 billion, but “reserves exceed liabilities” – Hacken
Meanwhile, the FBI called cryptographic validators and exchanges to cut off the Lazarus group and confirmed earlier reports that North Korea was behind the Hack Bybit record.
The founder of Thorchain John-Paul Thorbjornsen told CointeLgraph that he is not involved in Thorchain, but none of the sanctioned portfolio addresses listed by the FBI and control of US foreign resources “ever interaction with the protocol”.
“The actor simply transfers funds faster than any screening service. It is unrealistic that these blockchains will censor, including Thorchain – he added.
https://www.youtube.com/watch?v=kynq5yofkwo
Warehouse: The founder of Thorchain and his plan of “vampire attack” all DEFI