Bybit successfully traces 77% of $1.4 billion stolen in hack

Recently, the cryptocurrency exchange Bybit was hacked and lost a large amount of assets, but they managed to trace 77% of the stolen assets.
On the 3rd (local time), Bybit CEO Zhou said through X that "77% of the $1.4 billion in Ethereum stolen in the hack can be traced back.
"The remaining 20% is difficult to trace, and 3% of the funds have been frozen," he said. "72% of the stolen funds were exchanged for Bitcoin through 6,200 wallet addresses."
"The hackers converted the Ethereum into Bitcoin through the cross-chain swap protocol THORChain," he said.
It went on to say that "16% of the hacked funds were untraceable after passing through a virtual asset mixing platform," and that "11 institutions cooperated in freezing the funds."