Bybit: Has engaged in extensive cooperation with on-chain analysis institutions to limit hacker sell-offs of ETH

ChainCatcher news, Bybit officially stated on social media that it has reported the theft to the relevant authorities and will send updates as soon as any further information is available.

At the same time, Bybit has engaged in rapid and extensive collaboration with on-chain analytics providers to identify all involved addresses. These actions will mitigate and combat the ability of bad actors to dispose of and sell ETH through legitimate markets, thereby narrowing the available disposal channels.