Crypto Heroes Unite: $42.89M Frozen in a Day! 💰

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Bybit, in a grand spectacle of justice, has frozen a staggering $42.89 million in dubious funds, rallying the troops of the crypto realm to thwart the nefarious schemes of fraudsters. In a swift and decisive maneuver, they also put a stop to a $26 million meme token laundering escapade. 🎭

In a remarkable display of unity against the dark forces of crypto fraud, Bybit has managed to freeze a jaw-dropping $42.89 million in illicit funds in the blink of an eye—well, a day, to be precise. This monumental achievement was made possible through the valiant collaboration of Tether, THORChain, ChangeNOW, FixedFloat, Avalanche Ecosystem, CoinEx, Bitget, and Circle. Who knew the crypto world could be so… cooperative? 🤝

Each partner donned their superhero capes, taking on the noble task of tracking down the suspicious funds and freezing them faster than you can say “blockchain.” Tether heroically flagged an address, leading to the freezing of 181,000 USDT, while THORChain played the role of the vigilant guardian, preventing blacklisting. ChangeNOW swooped in to freeze 34 ETH, and FixedFloat heroically halted 120,000 USDC and USDT from escaping into the wild. 🦸‍♂️

The dynamic duo of Avalanche Ecosystem and CoinEx joined forces to block the blacklist, with Avalanche freezing a cool 0.38755 BTC and CoinEx freezing 84 USDT. Circle, the unsung hero, provided crucial intel that was as vital as a cup of coffee on a Monday morning. ☕

Bybit showered praise upon these gallant entities for their swift and immediate responses, for in the treacherous waters of crypto, security demands such rapid collaborations. Who knew that fighting crime could be so… collaborative? 😏

Bybit Exploiter Moves 60 SOL, Launches $26M Meme Token

In a plot twist worthy of a soap opera, data revealed that the crafty thieves employed meme tokens as their weapon of choice for money laundering. The infamous “Bybit Exploiter” entity executed a daring move, transferring 60 SOL from address 5STkQy…95T7Cq to 9Gu8v6…aAdqWS, before the receiver unleashed the “QinShihuang” token, boasting a whopping 500,000 tokens. This new token skyrocketed in popularity, trading beyond a staggering $26 million in value. Talk about a meme with a mission! 😂

Bybit extends its heartfelt thanks to Lily Liu, the fearless leader of the Solana Foundation, and the valiant members of the Pumpfun team for their lightning-fast response. Thanks to their immediate action, the teams managed to block and obliterate the suspicious Solana-based token before the hackers could wreak further havoc on the ecosystem. 🛡️

This incident serves as a stark reminder of the escalating threats lurking in the crypto shadows and the pressing need for nationwide cooperation among industry members. Bybit and its partners have proven that early intervention can dismantle criminal enterprises and safeguard the digital wealth markets. In the ever-evolving landscape of crypto, security and trust demand relentless collaboration and unwavering vigilance. After all, who wouldn’t want to keep the crypto realm safe from the clutches of villainy? 🦹‍♂️

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2025-02-23 21:34