Bybit files lawsuit against North Korea and Lazarus Group for $1.5B hack, wins asset freeze order.
Security & Exploits ·
Bybit filed a civil lawsuit in U.S. federal court against the Democratic People's Republic of Korea, its Reconnaissance General Bureau intelligence agency, and the Lazarus Group over a $1.5 billion theft executed in February 2025. A federal judge issued a preliminary injunction freezing identified stolen assets held by unnamed defendants while litigation continues, according to https://www.coindesk.com/policy/2026/08/07/bybit-sues-north-korea-and-lazarus-group-over-usd1-5-billion-hack-secures-asset-freeze. The North Korean-linked hacking group allegedly stole approximately 400,000 ETH and stETH from the exchange in what was characterized as the largest cryptocurrency heist in history.