Bybit’s $1.23B ETH Heist: Tracking the Ghost Chain, Seeking Crypto Sleuths

Quick Summary:

The digital trail of the massive Bybit hack is getting clearer, revealing the hacker’s elaborate efforts to launder the stolen 500,000 ETH (worth a staggering $1.23 billion).  The pilfered ETH was converted into 12,836 BTC and then scattered across a jaw-dropping 9,117 wallets, averaging just 1.41 BTC per wallet.

To further muddy the waters and […]

The post Bybit’s $1.23B ETH Heist: Tracking the Ghost Chain, Seeking Crypto Sleuths appeared first on Coin Edition.

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Article Details

Author / Journalist: Lipika Deka

Category: Crypto

Markets: IndiaNorth Korea

Topics: Market News Bybit Crypto Hack Market Top Crypto News ETH News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 15:00:00 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 146 words

Reading Time: 1 minutes read

Sentences: 54 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 27193075

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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