Nearly 28% of the $1.4 billion stolen from Bybit has become untraceable, according to CEO Ben Zhou. The funds have been funneled through mixers and decentralized platforms, complicating recovery efforts. Zhou urged bounty hunters to assist in freezing stolen assets, with some success reported.
The U.S. government has seized approximately $774 million in cryptocurrency linked to North Korean cybercriminal activities. This operation is part of ongoing efforts to disrupt the funding of illicit activities supported by the North Korean regime, particularly through hacking and ransomware schemes.