Only 3.84% Of $1.4B In Hacked Crypto Frozen: ByBit CEO
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Crypto exchange ByBit has disclosed that scarcely one‑twentieth of the assets siphoned off in the sprawling $1.4 billion exploit orchestrated by North Korea’s Lazarus Group are currently locked down. “Only 3.84 percent of the hacked funds are frozen,” chief executive officer (CEO) Ben Zhou revealed via X, warning that the remainder “continues to circulate in an ever‑thickening web of mixers, cross‑chain swaps and over‑the‑counter desks.”
Frozen Crypto Funds? Barely
The exchange’s internal forensic review pegs the original loss at roughly 500,000 ETH, valued at $1.4…
