Bybit: Sues DPRK and Lazarus Group Over Hack
Bybit sues North Korea and Lazarus Group, secures freeze on $30.5M stolen assets after recovering $48.4M from February 2025 attack.
SourceAnalysis
Bybit filed a civil lawsuit against the DPRK and the Lazarus Group today, winning a preliminary injunction that freezes identified stolen assets from the February 2025 breach. The exchange has now recovered $48.4M and locked another $30.5M across more than 28 exchanges and custodians through joint work with blockchain analytics firms and law enforcement. Cybercrime remains a systemic risk to the entire crypto industry beyond any single platform.
Ben Zhou
@benbybitThe official account for Bybit CEO Ben Zhou, offering a leadership perspective on cryptocurrency exchange operations and global market expansion. Content includes corporate announcements, market commentary, and insights into Bybit's product development and international strategy.