Bybit Sues North Korea and Lazarus for $1.5B HackBybit sued North Korea and hacker group Lazarus for stealing $1.5 billion in ETH. A US court froze some traced assets for Bybit.
The 2025 hack was cryptoโs largest, with funds converted mostly to BTC via THORChain. Bybit covered losses from reserves, avoiding collapse unlike many tier-2 exchanges.
Since 2017, North Korean hackers stole about $6.75 billion in crypto. The Bybit WSOT prize pool appears secured.
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