$1.5B Hack of Bybit Might Be the Largest Crypto Heist Ever
Following the revelation Friday from cryptocurrency exchange firm Bybit that hackers stole digital tokens worth about $1.5 billion – in what may be the biggest crypto heist of all time – CEO Ben Zhou wrote on X Sunday that it has replenished its reserves. Bybit was able to do this through a mix of emergency loans and large deposits.
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Overall, the crypto community is reassured by Bybit’s ability to manage over $6 billion in withdrawals following the hack.
After Friday's $1.5 billion hack of Bybit — the largest in the industry's history —allegedly carried out by North Korea's ...
The Lazarus Group has laundered stolen crypto from last week's record-shattering Bybit hack through the exchange eXch, ...
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