100,000 $ETH (~$250M) has been laundered by #Bybit hacker in under 4 days!

The hacker has now washed 20% of the stolen 499K $ETH, actively splitting funds into smaller amounts across multiple addresses and using THORChain for cross-chain swaps into $BTC, $DAI, and other assets.

With 399K $ETH still in their possession, the Bybit hacker holds more ETH than Vitalik Buterin or even the Ethereum Foundation.