68.57% of the stolen funds by Bybit are still traceable, and about 84.45% of the stolen ETH has been replaced by Thorchain for BTC

According to Bybit CEO Ben Zhou, about 500,000 ETH (total value of US$1.4 billion) were stolen by hackers, of which 68.57% are still traceable, 3.84% are frozen, and 27.59% are "lost contact". Most of the untracked assets flow into P2P and OTC platforms through coin mixers such as Wasabi and Tornado Cash. About 84.45% of ETH has been replaced by Thorchain to BTC. In the past 60 days, Bybit has received 5,443 bounty reports, of which 70 are valid reports.