Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze

CryptoInfo Editorial Team · Published on August 07, 2026 at 16:32 · Updated on August 07, 2026 · 1 min read

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Key Takeaways

→Bybit has sued North Korea and the Lazarus Group over a $1.5 billion hack.
→The exchange has secured a preliminary injunction to freeze the stolen assets.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bybit, a cryptocurrency exchange, has taken legal action against North Korea and the Lazarus Group, a hacking entity, over a hack resulting in the loss of $1.5 billion.

According to reporting from CoinDesk, Bybit has secured a preliminary injunction, which freezes the stolen assets.

This move is part of the exchange's effort to recover the lost funds and hold the perpetrators accountable.

Source: CoinDesk ↗