Crypto exchange Bybit has suffered a massive security breach, losing over $1.4 billion worth of $ETH due to a sophisticated phishing attack!


The attackers used a “musked” transaction to deceive Bybit’s team, making it look like a legitimate transfer while redirecting funds to malicious addresses.


Bybit assures users that all other wallets are secure, the exchange remains solvent, and withdrawals are functioning normally.


#ByBit

image
February 21, 2025 at 4:36 PM
22
702
9
9
5
1