CoinDesk·3 min read·medium
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
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Ian Allison
✦AI Summary
Cryptocurrency exchange Bybit has filed a lawsuit against the North Korean Lazarus Group to recover $1.5 billion stolen in a 2025 cyberattack. A U.S. federal court has granted a preliminary injunction to freeze the stolen assets while the litigation proceeds.
In addition to the lawsuit, filed in the U.S. District Court for the District of Columbia, Bybit said it won a preliminary injunction freezing certain stolen assets held by a group of unidentified individuals and entities, named in the case as John Doe defendants, the exchange said in a press release on Friday.
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