Krutika Adani
Bybit has fully restored the $1.4 billion in stolen ETH, ensuring all client assets remain at a 1:1 ratio, backed by a new proof-of-reserve report.
Lazarus Group stole $1.4B in ETH on Feb. 21, the largest crypto hack in history.
ETH price dropped 7% but has since rebounded.
$742M in ETH bought from Galaxy Digital, FalconX & Wintermute.
Additional $304M in ETH acquired via Binance, MEXC & DeFi platforms.
Bybit’s total assets sit at $10.9B, per DeFiLlama.
Auditor Hacken confirms reserves exceed liabilities.