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Opinion: Bybit hackers may have laundered stolen funds through Kanye’s coin issuance, and Solana ecosystem may have been exploited
02-22 04:26

Odaily News Crypto KOL NingNing posted on X platform: "Part of the ETH reserves in Bybit's cold wallet exist in the form of stETH/mETH. Hackers exchanged them for ETH through Uniswap, DODO and ParaSwap. The current relationship map of North Korean hacker addresses presents a central cluster + N satellite small clusters + a complex inter-conversion network. Moreover, North Korean hackers have transferred funds from the Ethereum mainnet to Solana. Because Solana's transaction event logs are very poorly readable by humans, they are often ridiculed as having built-in mixer properties. Given that Kanye will launch his celebrity meme coin in the near future, it is reasonable to speculate that North Korean hackers will launder money by participating in this on-chain carnival."

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