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BTCC / BTCC Square / cryptonewsT /
Bybit CEO Reveals 27.6% of Stolen Funds from Security Breach Remain Unrecovered

Bybit CEO Reveals 27.6% of Stolen Funds from Security Breach Remain Unrecovered

Author:
cryptonewsT
Published:
2025-04-21 06:50:26
10
2

Bybit CEO: 27.6% of Bybit hack funds remain untraceable

During a recent update on the 2023 security incident, Bybit’s CEO disclosed that approximately 27.6% of the compromised assets from the exchange hack have yet to be traced. The announcement highlights ongoing challenges in tracking and recovering stolen cryptocurrency funds despite enhanced blockchain forensic efforts. This revelation comes as exchanges worldwide face increasing pressure to improve security measures and fund recovery protocols following high-profile breaches.

|Square

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