US federal court grants preliminary injunction allowing Bybit to trace and freeze $1.5B North Korea-linked hack funds
A US federal court granted a preliminary injunction allowing Bybit to trace and freeze assets linked to the $1.5 billion hack attributed to North Korea's Lazarus Group. Approximately 90% of the stolen funds are reportedly untraceable after passing through mixers and cross-chain bridges, with only about $75.5 million frozen or recovered so far.
Detected & updated continuously · Source: Nebula
Sources
@coinbureau
🚨BREAKING: Bybit wins US court approval to trace $1.5 BILLION hack funds linked to North Korea. 90% of the stolen assets are already untraceable after passing through mixers and cross-chain bridges. Only $75.5 MILLION has been frozen or recovered so far. https://t.co/jfeIqHIrOI
@SantoXBT
Bybit is taking North Korea to court over the alleged $1.5B Lazarus Group hack A U.S. federal court has already granted a preliminary injunction That allows identified assets linked to the attack to be frozen while the case moves forward The funds are not recovered yet But https://t.co/D6Wfi1NFNB
@BenX_HQ
Bybit is suing North Korea in a US federal court over the $1.5 billion in $ETH taken in February 2025, and they've already got a preliminary injunction freezing the identified stolen assets, which is a strange but useful precedent when you're not expecting the defendant to show