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RE: LeoThread 2025-02-21 21:57

in LeoFinance8 months ago

Part 4/7:

The hack and its fallout have instigated significant anxiety within the cryptocurrency market, with Ethereum prices reacting sharply to the news. Reports indicated that the hacker had transferred 10,000 Ethereum to 39 different addresses, which poses a challenge for law enforcement.

The Ripple Effects in the Crypto Industry

In light of this significant breach, investors should remain vigilant against scams and misinformation. Reports suggest a proliferation of scam accounts pretending to be Bybit, attempting to exploit the panic caused by the hack. The company has launched a refund program for users impacted by the incident while advising caution against potential scams.