$1.4B Bybit Heist: Half the Loot Vanishes Without a Trace
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Another day, another crypto exchange bleeding digital gold—only this time, the thieves pulled off a vanishing act worthy of Houdini.
Of the $1.4 billion looted from Bybit, nearly half has now slipped into the blockchain’s shadows, untraceable. That’s right: $700 million gone, poof—like a hedge fund’s promise of ’risk-adjusted returns.’
How? Mixers, privacy coins, or just old-fashioned obfuscation—the usual suspects. Meanwhile, exchanges keep touting ’unhackable’ security while hackers keep cashing out. Maybe next time, they’ll invest in a vault instead of a marketing slogan.
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