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A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time.

Bybit said Friday that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was “manipulated” by an attacker who transferred the crypto to an unidentified address.

The company sought to reassure customers that their cryptocurrency holdings with the exchange were safe. The company added that news of the hack had led to a surge in withdrawal requests and there could be delays in processing them.

Luigi Mangione draws crowd

The defendant wore a bulletproof vest and shackles. A woman in the crowd wore a “Free Luigi” scarf. Outside, throngs of people cheered and chanted his name.

So it went Friday at a court hearing for Luigi Mangione, the man accused of gunning down UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel on Dec. 4.

Mangione, who has become something of a cause célèbre for people upset with the health insurance industry, made his first court appearance since his Dec. 23 arraignment on state murder and terror charges.

Mangione, 26, didn’t speak at the hearing. Judge Gregory Carro ordered him to remain handcuffed, calling it a security measure. Mangione’s lawyer, Karen Friedman Agnifilo, argued that the sight of Mangione in shackles in the closely watched case was robbing him of his presumption of innocence.

Carro set another hearing for June 26 but didn’t schedule a trial date.



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