Key Takeaways:
Meanwhile, the crypto world holds its breath as the ripples of the colossal Bybit hack play out. If you follow the news, you would be aware of the initial exploit, which is considered one of the largest of its kind in the history of crypto, and the hackers have been aggressively laundering the stolen funds since then, leading to concerns about market stability and the overall security of centralized exchanges (CEXs). The speed and scale of the operation are alarming and are leading to increased scrutiny and concern over preventative measures.
The $335 Million Laundering Spree
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