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Bybit Secures US Asset Freeze in $1.5B Lazarus Hack Lawsuit
A US court froze assets tied to the $1.5B Bybit hack linked to North Korea. The order blocks movement of identified assets but the amount is undisclosed.
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Bybit secured a preliminary injunction in a U.S. court that freezes assets linked to the $1.5 billion Lazarus Group hack, according to a report from CryptoSlate around Aug. 8, 2026. The order blocks movements of identified assets. The report does not disclose the dollar amount covered by the freeze.
The FBI publicly attributed the Feb. 21, 2025 theft to North Korea-linked actors, known as TraderTraitor or Lazarus Group, in a Feb. 26, 2025 Public Service Announcement. The FBI listed Ethereum addresses for industry-wide blocking. Bybit launched its LazarusBounty recovery program shortly after the incident.