Bybit

The Bybit exchange is suing North Korea in a Washington federal court, claiming that the Lazarus hacker group operates under the regime's sponsorship and stole half a million Ethereum coins worth $1.5 billion from it. The court ordered the freezing of assets, but most of the money has already been laundered and disappeared into the network.

Following a massive $1.5 billion crypto heist, the Bybit exchange turned to a US court and obtained a freeze order on stolen assets. CEO Ben Zhou outlined the progress of the investigation and the initial recovery of funds.