GuShiio.com GuShiio.com learned that Bybit CEO Ben Zhou said it had detected hackers trying to convert stolen funds into BTC through Chainflip. It is hoped that the Cross-Chain Bridge project will help Bybit prevent and prevent further transfers of assets to other chains. Bybit will soon release a bounty plan to anyone who helps it block or track funds that lead to financial recovery.
GuShiio.com learned that ZachXBT stated that Lazarus Group in the Bybit incident transferred 5000 ETH to a new address, laundered money through eXch (a centralized currency mixer), and bridged funds to Bitcoin through Chainflip. Transfer 5000 ETH at 6:28:23 a.m.(UTC) on February 22, 2025, and TXN is 0xbf80907830 e46317da2c 1708a13a9f016e242f8a6db6b0706ea5f2328cb001; Bitcoin’s final address via Chainflip is bc1qlu4a33zjspefa3tnq566 xszcr0fvwz05ewhqfq.
GuShiio.com learned that according to @EmberCN monitoring, Bybit hackers have begun to exchange ETH across chains for other assets in other chains through the Chainflip cross-chain exchange tool. After the hacker dispersed the 5000 ETH to multiple addresses 40 minutes ago, he had already washed away the 205 ETH through Chainflip.
Cross-chain bridge agreement Chainflip responded on the X platform Bybit CEO Ben Zhou said that as a decentralized agreement, they cannot completely block, freeze or redirect any funds, but have restricted the flow of funds by shutting down some front-end services.
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