Bybit x DaTRek Recovery Company: $140 million recovery bounty program for stolen $1.5 billion
Bybit partners with DaTRek Recovery Company to help recover $1.5 billion stolen crypto assets Bybit Offers $140M Bounty to Recover Stolen $1.5B in Crypto Bybit is putting up a $140 million reward for anyone who can help recover the staggering $1.5 billion in stolen crypto making it the largest hack in history. The exchange, the second-largest by trading volume, announced it would offer 10% of any recovered funds to cybersecurity experts , blockchain analysts , and ethical hackers who can track down the missing assets. The Hack: $1.4B Drained from Bybit’s Cold Wallets On February 21, attackers drained over $1.4 billion worth of liquid-staked Ether (stETH), Mantle Staked ETH (mETH), and other ERC-20 tokens from Bybit’s cold wallets. The stolen funds were swiftly laundered through blockchain mixers and cross-chain bridges to obscure their origin. Blockchain investigator ZachXBT linked North Korea’s Lazarus Group to the attack, confirming that at least 5,000 ETH had already been moved thro...