DeFi Intel

Bybit Sues North Korea and Lazarus Group, Secures Preliminary Injunction Freezing Stolen Assets in Landmark Crypto Asset Recovery Effort

Bybit filed a civil lawsuit against North Korea, its Reconnaissance General Bureau and the Lazarus Group over a $1.5 billion theft. Bybit secured a preliminary injunction freezing identified stolen assets held by unnamed defendants while litigation continues. The court found Bybit demonstrated a likelihood of success on the merits.

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