Bybit hacker launders over half of $605M stolen ETH

Summary The 2025 Bybit hack is known as the largest cryptocurrency heist in history, resulting in a loss of approximately $1.5 billion worth of Ether (ETH) and other ERC-20 tokens. The breach targeted Bybit’s cold wallet, an offline storage system designed to enhance security. Despite the rapid transfer of the stolen assets across multiple wallets […]