Hey crypto fam 
,
Buckle up because we’re diving into one of the wildest heists in crypto history. Bybit, a major crypto exchange, got hit with a massive hack worth $1.4 billion — yes, with a “B”! And here’s the kicker: more than $380 million of that has basically disappeared into the shadows. 
Let’s break it all down in simple terms, so even your non-crypto friend can follow.
Earlier this year, the Lazarus Group — a hacker group linked to North Korea — pulled off a jaw-dropping crypto heist. They managed to take control of a cold wallet (the kind that’s supposed to be super secure!) and drained 500,000 ETH, which was worth about $1.4 billion at the time.
Bybit CEO Ben Zhou came forward recently with a detailed breakdown of what happened next… and it’s a wild ride.
Here’s how the hacked funds have been distributed so far:
- 68.57% (Around $960M) — Still traceable
- 27.59% (Over $380M) — Gone dark, untraceable
- 3.84% (About $53.7M) — Frozen by authorities
That means more than a quarter of the stolen crypto has vanished — no one knows exactly where it is now. 
