In a most audacious display of digital derring-do, the Lazarus Group, those notorious scallywags of the cyber seas, has whisked away a staggering 10,000 Ether (ETH) — a princely sum of $27 million, mind you — to a wallet cheekily dubbed Bybit Exploiter 54 on the 22nd of February. One can only assume they were attempting to launder their ill-gotten gains, as one does with a particularly muddy pair of socks. 🧦💸
According to the ever-watchful eyes of Lookonchain, these nefarious knaves, identified by the ever-vigilant ZackXBT, currently possess a veritable treasure trove of 489,395 ETH, worth over $1.3 billion, and a further 15,000 Mantle Restaked ETH (cmETH) tucked away in 53 additional wallets. It’s enough to make a pirate weep with envy! 🏴☠️
Now, Etherscan, that digital oracle, reveals that our friends in the hacking business have been rather busy, flitting about with their funds like a bee in a flower garden, executing over 83 transactions between wallets in the last eight hours alone. One can only imagine the frantic pace at which they are moving their loot! 🐝💰
In a particularly riveting episode of this financial farce, the most recent transaction from Bybit Exploiter 54 was dispatched to a wallet ending in “CE9” at precisely 01:23:47 PM UTC on February 22, containing a modest 66 ETH, valued at a cool $182,831. A mere drop in the ocean of their grand scheme! 🌊
Ah, but the plot thickens! The $1.4 billion Bybit hack, which has been dubbed the single largest crypto heist in history, sent shockwaves through the crypto markets, causing ETH’s price to plummet by a staggering 8% in a single day. Altcoins, too, felt the chill of this digital tempest. 📉
Recovery of the stolen funds begins
In a twist worthy of a Shakespearean comedy, Mudit Gupta, the chief information security officer at Polygon, has announced that approximately $43 million of the pilfered funds have already been recovered, thanks to the valiant efforts of the Mantle, SEAL, and mETH teams. Bravo, chaps! 🎩
Meanwhile, Tether’s CEO, Paolo Ardoino, has taken the prudent step of freezing 181,000 USDt (USDT) linked to the dastardly hack on the same fateful day. One must keep a tight ship, after all! ⚓️
In a stroke of genius, Bybit has also unveiled a bounty program, offering up to 10% of the stolen funds — a whopping $140 million — to those brave souls who assist in recovering the loot from these infamous rogues. A splendid incentive, if I do say so! 💰🕵️♂️
The exchange has garnered accolades from industry bigwigs for its commendable communication during this tumultuous time and for keeping withdrawal requests open for customers amidst the chaos. A true testament to their mettle! 🏅
Ben Zhou, the esteemed CEO of Bybit, has reassured the anxious masses that withdrawals have returned to their usual brisk pace after the platform managed to process all pending requests that had caused a bit of a bottleneck following the hack. A sigh of relief, indeed! 😌
In a recent social media missive, the CEO further calmed the nerves of jittery customers, assuring them they could withdraw any amount from the exchange without the dreaded specter of delays or issues. A most reassuring proclamation! 📢
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2025-02-22 19:43