Executive Summary on Hacked Funds

2025-04-21 Bybit

https://archive.is/mZKmB

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The archived executive summary tracks roughly $1.4 billion in hacked funds, about 500,000 ETH, with 68.57% still traceable, 27.59% gone dark, and 3.84% frozen. It says DPRK-linked laundering moved most value from Ethereum into BTC through Thorchain, converting 342,975 ETH into 10,003 BTC across 35,772 wallets while leaving 5,991 ETH on Ethereum. The source identifies Wasabi as the main mixer observed in the flow, with smaller portions later entering CryptoMixer, Tornado Cash, and Railgun before additional cross-chain swaps through services such as eXch, Lombard, LiFi, Stargate, and SunSwap. Lazarusbounty.com reported 5,443 bounty submissions in the prior 60 days, 70 of them valid, and asked for more help decoding mixer activity.

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