This is in connection with the recent Bybit hack, where they reportedly lost $1.5 billion. Shortly after, an article came out titled...

Bybit Funds on the Move, Could be Headed for Bitcoin Mixers ‘Next’: Elliptic

As you can see, they used the word "could," which means there’s no confirmed result yet on where the money will actually go. It’s like they’re implying that in any illegal activity, including this hack, the hackers will automatically launder the funds through a mixer to cash out, making it harder to track.

No wonder mixers have developed a bad reputation. Even though they’re meant for privacy, illegal transactions like these overshadow their legitimate uses.

Thoughts.....