Security· ★★★· neutral·

ZachXBT traces $12M of Bybit hack funds, Tether freezes 442K USDT

  • —ZachXBT traced addresses holding over $12M of Bybit hack proceeds
  • —Tether froze 442,000 USDT linked to those addresses
  • —FBI attributes the roughly $1.5B theft to North Korea's TraderTraitor
  • —Intermediary 'Jimmy Green' planned to move funds into SOL, per ZachXBT
Why it matters: Tracing and freezing are only first steps; without seizure and court orders, victims are unlikely to recover the funds.
#USDT#BTC#SOL
Source: TokenPost
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