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TechFlow reports that on March 4, SlowMist's Yu Xian posted on X platform stating, "Bybit lost nearly $1.5 billion worth of ETH assets. Apart from portions recovered, the rest have left the Ethereum network, with the majority entering the Bitcoin network where complex money laundering operations are being carried out. THORChain node operators have profited significantly."
SlowMist Yu Xian posted on X platform saying, "Nearly 15 billion USD worth of ETH assets stolen from Bybit have, apart from partially recovered funds, already left the Ethereum network. The majority has entered the Bitcoin network and is undergoing complex money laundering operations on Bitcoin, with THORChain node operators profiting significantly."
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