Bybit Hackers Swap Stolen ETH for Bitcoin via ThorChain

February 28, 2025

Catenaa, Friday, February 28, 2025-Hackers behind the $1.5 billion Bybit cryptocurrency heist have moved at least 209,384 ETH, worth about $480 million, onto Bitcoin, largely using the decentralized exchange ThorChain, according to blockchain researchers.  The Federal Bureau of Investigation confirmed that North Korea’s Lazarus Group orchestrated the attack, draining over 400,000 ETH and various tokens […]