The attack targeted the “cold wallet” of Baybet, which is an internet -designed storage system designed for safety. Ben Chu, the CEO of BYBIT, announced, via a message on his account on the “X” platform, that the large penetration that occurred on Friday resulted in the theft of more than $ 1.4 billion.
Zhou noted that three quarters of the “Ethereum” currencies that customers deposited on “Bybit” were stolen, making it the biggest theft in the history of encrypted currencies. He explained that the hacker took control of the “ethereum” portfolio and transferred all the money to an unknown address.
According to the American “NBC News” network, the stolen money was quickly transferred to multiple portfolios and was liquefied through various platforms. Zhou stressed that all other cold governor is safe and that withdrawals are normal.
The penetration caused a wave of “Bybit” withdrawals, where users were afraid of potential bankruptcy, but Zhou confirmed that the outputs were settled. To reassure the clients, he announced that “bybit” obtained a temporary loan from unannounced partners to cover any losses that cannot be recovered and maintained operations.
Blockchain analysis companies, such as “Elliptic” and “Arkham Intelligence”, tracked the stolen cryptocurrencies while moving them to various accounts and selling them quickly. This penetration process exceeded the previous thefts in this sector, including the theft of $ 611 million from the “Poly” network in 2021, and $ 570 million from “Pinance” in 2022.
While law enforcement agencies and encrypted currency tracking companies track stolen assets, industry experts warn that large -scale theft is still a great danger. The French newspaper “Le Parisien” reported that “Zach XBT”, one of the amounts of encrypted currency violations, confirmed that the hacker will face difficulty in transferring all the stolen money to make it disappear.
Of the $ 1.46 billion of “Ethereum”, he will have approximately $ 500 million remaining for sale on its address.
