Cryptocurrency Exchange Bybit’s CEO Ben Zhou said 27.95% of the lost funds in the $ 1.4 billion utilization constructed by the North Korean Lazarus group have become dark or become uncertain.

“The total hacked funds of $ 1.4 billion about 500 000 ethh.

The non-tracking funds were moved into mixers before being transferred through bridges to P2P (peer-to-peer) and OTC (over-the-counter) platforms, explained the post that mentions the use of Wasabi, a crypto, to wash by a certain amount of BTC, after some of these agents entered in other mixers, including rail, tornado and rope.

The malicious unit then performed several transverse chain yields through Thorchain, Exch, Lombard, LIFI, Stargate and Sunswap, with the last phase involving the conversion of these illegal means to several liquid assets.

The North Korea-bound Lazarus group hacked bybit in February and drained 500,000 ether (ETH) by taking “control of the specific ETH-cold wallet and transferring AL ETH in the cold wallet to this unidentified address.”

Forensik reveals that a total of 432,748 ETH representing 84.45%has been transferred from ether to Bitcoin via thorchain. In particular, 67.25% of these funds equivalent to 342,975 ETH (about $ 960.33 million) have been transformed into 10,003 BTC and distributed over 35,772 wallets with an average of 0.28 BTC per year. Wallet.

Furthermore, 1.17% of the funds, or 5,991 ETH (about $ 16.77 million), remain at Ethereum Blockchain, Stashet over 12,490 wallets.

Eventually, the Lazarus Bounty initiative has received 5,443 Bounty reports in two months, 70 of which have been considered valid. Zhou said the exchange needs “more bounty hunters who can decode mixers as we need a lot of help down the road.”