It is now more than a quarter of the BYBIT encryption now

A large part of $ 1.4 billion of the cryptocurrency that was stolen during the BYBIT penetration by the Lazarus Group in North Korea cannot be tracked, according to the Executive Director of Ben Chu.

In a tweet that shows in detail the current situation of penetrated funds – about 500000 ETH – Exec stated that 27.59 % have been dark, due to the confusion tactics that involve encryption mixers and decentralized services.

While 68.57 % of the funds are still tracked, only 3.84 % have been frozen.

Encryption mixers

Zhou noted that the basic tool for laundering stolen money was a gaby mixer, followed by an additional dispersion through Cryptomixer, Tornado Cash and Railgun. The attackers have also benefited from the decentralized non -central chain swap platforms such as Thorchain, Exch, Lombard, LIFI, Stargate and Sunswap for the transfer of assets via Blockchains before converting them into FIAT via counterpart to analog (P2P) and visual exchange (OTC).

Data from Chu a report It reveals that 432,748 ETH, equivalent to 84.45 % of the stolen assets, has been transferred to Bitcoin via Thorchin. From this, 342,975 ETH (approximately $ 960 million) became 10,003 BTC distributed over approximately 36,000 portfolios, trying to hinder tracking.

Despite extensive monitoring, there is only a small part of the stolen assets on Blockchain ethereum, while 944 BTC (about 90.6 million dollars) was transferred through the milli alone.

The Lazarus Bounty, which has been launched to process these exploits, has received 5443 reports over the past two months, with only 70 health. Zhu highlighted the need for more bonus fishermen who are able to detect mixer transactions and warn that dark encryption flows will follow great cooperative efforts to move forward.

The exchange resigned after accusations of the help of the Lazaros Group

Among the platforms mentioned in the laundry path was Excr. Crypto Exchange, which has recently focused on privacy, announced its plans to stop operations on May 1, after accusations of washing $ 35 million in BYBIT penetration in February. The platform denied committing deliberate violations and refuted allegations to facilitate criminal activity.

Under the escalation of international scrutiny and what the “hostile” environment described, Tax was cited entitled “The active active process” aimed at stopping it. Besides the announcement of its exit, ExcK also said it will launch a 50 -BTC box that supports privacy -focused encryption tools.