Bybit Files Lawsuit Against North Korea and Lazarus Group Over $1.5B Hack

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Crypto exchange Bybit has filed a lawsuit against North Korea and the Lazarus Group in connection with a $1.5 billion hack. The exchange has successfully obtained a preliminary injunction to freeze the stolen assets. The Lazarus Group is a state-sponsored hacking collective widely attributed to North Korea. The legal action marks one of the most significant attempts by a crypto firm to pursue accountability for a state-linked cyberattack.

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