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February 27, 2025 10:21 AM
The Bybit hacker continues to move funds aggressively, laundering 206,000 ETH so far, per Ember monitoring. The attacker is converting an average of 45,000 ETH daily into other on-chain assets, with 292,000 ETH ($685M) still at risk.
With laundering activity showing no signs of slowing down, crypto investigators are scrambling to track the movements, as exchanges and regulators tighten monitoring efforts.
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