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

The Bybit hackers picked up the pace on March 1, laundering another 62,200 Ether amid efforts from US authorities to block transactions tied to the exploiters.

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 efforts from the US Federal Bureau of Investigation calling on node operators, crypto exchanges, bridges and others to block transactions linked to the Bybit hackers.

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