The stealing was made easy by the eXch platform. Am exchange platform believed to help in money laundering.
The stealing was made on several exchanges and not just only exch. OKX DEX and ParaSwap were among and more. Why the regulators do not seize the money from the other two exchanges? Why only exch?
All of them have helped in money laundering if exch is accused. All of them do not require KYC also. Bybit also has DEX as which does not require KYC called WEB3.
Now that there is a suspect, will Bybits recover it's lost funds. Can we still trust Bybit with our assets?
We can only be see what will later happen. Nobody can know if Bybit can recover all the funds. It is good to know that the $38 million is owned by exch and not the money Lazarus group laundered.