FBI Collaborates with Crypto Industry to Combat Bybit Hack Fund Laundering
- The FBI is seeking assistance from the cryptocurrency industry to track and block funds stolen in the Bybit hack.
- Bybit, a cryptocurrency exchange, was targeted in a significant hacking incident.
- The stolen funds are suspected to be laundered through various crypto channels.
- This collaboration aims to prevent further movement of illicitly obtained digital assets.
The FBI is working with the crypto industry to trace and halt laundering activities related to the Bybit hack, focusing on preventing further illegal fund movements.
Source (2.6)https://www.coindesk.com/policy/2025/02/27/fbi-seeks-crypto-industry-help-to-track-block-laundering-of-bybit-hack-funds?rand=52298
