0x47666Fab8bd0Ac7003bce3f5C3585383F09486E2 is Hacking

Scam Report

ByBit Got Hacked
ByBit, a big cryptocurrency exchange, got hacked. The hacker stole a huge amount of Ethereum (401,000 ETH, worth around $1.1 billion). They then spread the money across over 40 different wallets.

The CEO, Ben Zhou, confirmed the hack and explained what happened. He said that only one of their Ethereum wallets was compromised. He also assured users that all other wallets are safe and secure, and that withdrawals are still happening normally.

Luckily, ByBit has a lot of money (over $20 billion) and can cover the loss. Ben Zhou said that even if they can't get the stolen money back, they can still handle the loss.

The hack happened when ByBit was moving money from one wallet to another. Ben Zhou thinks that either someone hacked into the computers of the people who approve these transactions, or the company that provides their secure wallets (called Safe) got hacked. They're still trying to figure out exactly what happened.

ByBit is working hard to process all the withdrawal requests from users. They've already done 70% of them. Their customer support team is also busy helping users, but they're getting through the requests slowly. For now, users can't withdraw Ethereum, but ByBit is working on a solution to make that possible again.

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