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Blockchain

Bybit hackers resume laundering activities, moving another 62,200 ETH


North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1 — leaving only 156,500 left to be moved, a pseudonymous crypto analyst noted.

Approximately 343,000 Ether (ETH) of the 499,000 Ether stolen from the $1.4 billion Bybit hack has been moved, said X user EmberCN, who expects the remaining funds to be cleared in the next three days.

The 343,000 Ether moved equates to 68.7% of the stolen funds — up from 54% on Feb. 28.

EmberCN previously noted that laundering activities had slowed amid…



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