Crypto stolen from the massive $1.4 billion hack of the Bybit crypto exchange is likely to be laundered through mixers as the hackers continue to attempt to obfuscate the transaction trail. “If previous laundering patterns are followed,

The crypto industry is rallying to recover funds stolen in the $1.5 billion Bybit hack, with exchanges freezing nearly $43 million just two days after the attack.

Bybit, one of the world’s largest cryptocurrency exchanges, experienced a hack Friday in which over $1.4 billion worth of crypto was stolen, according to blockchain-analytics firms. It’s the latest incident for an industry struggling with security concerns that present hurdles to mainstream adoption.