Bybit sues North Korea and Lazarus Group for $1.5B over 2025 hack
- —Lawsuit filed in the US District Court for the District of Columbia against North Korea and Lazarus Group
- —February 2025 hack drained $1.5 billion in digital assets
- —Court froze identified funds and found Bybit likely to succeed on the merits
- —$48.4 million recovered and $30.5 million blocked across 28+ platforms
Why it matters: The first major civil suit by an exchange against a sovereign state sets a precedent for fighting state-sponsored crypto crime.
Source: Bithub