Bybit offers $140m reward for hackers' capture

Hackers stole $1.4bn in assets — exchange launches global investigation

Cryptocurrency exchange Bybit has announced an unprecedented $140m reward for assistance in identifying and apprehending the masterminds behind the largest hack in digital asset history. Unknown hackers stole $1.4bn worth of cryptocurrency, marking one of the most high-profile cybercrimes in the industry.

In an official statement, Bybit called on cybersecurity and blockchain analytics experts to join the investigation, offering a reward of 10% of the recovered funds. In the event of the full recovery of all stolen assets, total payouts could reach $140m.