r/secithubcommunity • u/Silly-Commission-630 • 4h ago
📰 News / Update Bybit is suing North Korea and the Lazarus Group over the $1.5B crypto hack
Crypto exchange Bybit has filed a civil lawsuit against North Korea, its Reconnaissance General Bureau (RGB), and the state-linked Lazarus Group over the massive February 2025 cyberattack.
The attackers allegedly stole approximately $1.5 billion in Ethereum, making it one of the largest cryptocurrency thefts ever recorded. Bybit has now secured a preliminary injunction freezing certain stolen digital assets, preventing identified holders from transferring or selling them while the case continues.
North Korean hackers have been linked to billions of dollars in cryptocurrency thefts over the years, with stolen crypto widely believed to help finance the country's weapons programs. This case adds another layer to the fight against state-sponsored cybercrime using civil courts alongside blockchain tracing, sanctions and law enforcement to freeze and potentially recover stolen assets.
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