The thief wash 18 % from $ 1.4 billion in 60 hours

The attacker is behind the huge BYBIT exploitation already laundering 18 % of the stolen money in just 60 hours.

According to what they were used, Thorchin is used to bush the crossed chain, and to move at Breakneck speeds to convert ETH to other encryption assets.

224 million dollars washed

In social media mail On February 25, which was published on February 2, Emburcn published that within two and a half days, the infiltrator succeeded in washing 89,500 ETH, at a value of $ 224 million. This represents about 18 % of approximately 500,000 ETH stolen from bybit in the accident that occurred on February 21.

The data on the series also shows that the criminal made most of these transactions through Thorchain, an incomplete exchange in the crossed chain known to not reveal his identity. Previously, at least 35 million dollars was washed via Exch, an accusation that was severely rejected by the stock exchange other than KYCC.

According to Arkham Intelligence, the perpetrator of the crime performs unnecessarily, and carried out from two to three per minute. Also encoding platform male The attacker takes a 15 -minute lukewarm every 45 minutes, which may suggest that they are manually feeding the stolen money.

Looking at their pace, observers expect the bad actor to convert the remaining coins to other encrypted currencies, such as BTC and Dai, during the next two weeks.

Elsewhere, the FBI Park Correa, Jane Hyuk, put a required notice about allegations of his association with the Lazaros Group, an electronic crime group linked to the Pyongyang administration. Various security experts Attributed Exploiting the registry’s destruction to the group.

Hyuk is said to have participated in many previous attacks on encryption platforms, including the stealing of Ronin Bridge of $ 625 million in 2022 and the $ 100 million attack on the Harmony Bridge in the same year.

Bybit intensify the recovery process

Meanwhile, Ben Chu, CEO of BYBIT I mentioned The stock market works to a solution to track and restore stolen money. It has released an application programming interface to enable the black list of suspicious governor associated with the attack.

Moreover, law enforcement authorities, cyber security companies and industrial experts cooperate to track the movements of infiltrators and prevent more illegal transfers of stolen money.

The platform has also operated the Blockchain Zeroshadow company to help track and freeze assets wherever it is possible.