Bybit hackers moved 62,200 ETH, leaving only 156,500 to move

From Cointelegraph

March 1, 2025 11:44:44 PM:

The Lazarus Group from North Korea has laundered 62,200 Ether, valued at $138 million, from the recent Bybit hack, leaving only 156,500 Ether to move, according to a crypto analyst. 343,000 of the 499,000 stolen Ether has been moved, with the remaining expected to be cleared in three days. The FBI has shared 51 Ethereum addresses linked to the hackers. Chainalysis revealed the hackers converted stolen Ether into Bitcoin, Dai stablecoin, and other assets without KYC protocols. THORChain developers faced criticism for facilitating transfers by North Korean hackers. The $1.4 billion Bybit hack is the largest in the crypto industry, surpassing the $650 million Ronin bridge hack.

Read more at Cointelegraph: Bybit hackers resume laundering activities, moving another 62,200 ETH