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Bybit’s $1.4 Billion Security Breach: $380 Million in Cryptocurrency Remains Untraceable
Bybit’s $1.4 Billion Security Breach: $380 Million in Cryptocurrency Remains Untraceable
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Following the massive $1.4 billion hack targeting Bybit, over $380 million worth of stolen cryptocurrency has vanished without a trace. Despite extensive investigations, the funds have yet to be recovered or linked to any identifiable transactions. This incident highlights ongoing vulnerabilities in crypto exchange security and raises concerns about the effectiveness of current tracking measures. Analysts are closely monitoring blockchain activity for any signs of movement, but as of April 2025, the stolen assets remain dormant.
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