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

BitcoinWorld Bybit Files Civil Lawsuit Against North Korea and Lazarus Group Over $1.5B Hack Cryptocurrency exchange Bybit has filed a civil lawsuit against North Korea, its Reconnaissance General Bureau (RGB), and the Lazarus Group over the $1.5 billion hack that occurred in February last year.

The case, filed in the U.S. District Court for the District of Columbia, also secured a preliminary injunction that freezes certain assets tied to the incident while the litigation proceeds.

Legal Action and Asset Freeze The lawsuit seeks to recover stolen funds and hold the attackers accountable, according to a report from CoinDesk.

Bybit CEO Ben Zhou stated, “Our goal is to put user protection first, recover as much as possible, and hold accountable those behind these attacks.” He emphasized that the Lazarus attack was not merely an attack on Bybit, but an assault on trust within the entire cryptocurrency industry.