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US judge grants #bybit expedited discovery in $1.5 billion North Korea-linked hack case
A US federal judge has granted crypto exchange Bybit expedited discovery in its lawsuit seeking to recover assets stolen in the $1.5 billion hack linked to North Korea’s Lazarus Group.
The order allows Bybit to request account identities, balances and transaction histories from exchanges and platforms with US operations, potentially helping the company identify intermediaries and recover funds that remain traceable.
Bybit said that as of June 18, about 90.2% of the stolen assets had become untraceable after moving through mixers, cross-chain bridges and OTC dealers. Only 9.8% remained linked to identifiable wallets, with roughly $75.5 million, or 5.3% of the total, already frozen or recovered.
The February 21, 2025 attack stemmed from a compromise of Safe Wallet infrastructure. The FBI formally attributed the theft to North Korea on February 26, 2025.
Bybit is seeking the return of the stolen crypto, approximately $1.5 billion in compensatory damages, as well as punitive and treble damages under the US RICO Act.
A US federal judge has granted crypto exchange Bybit expedited discovery in its lawsuit seeking to recover assets stolen in the $1.5 billion hack linked to North Korea’s Lazarus Group.
The order allows Bybit to request account identities, balances and transaction histories from exchanges and platforms with US operations, potentially helping the company identify intermediaries and recover funds that remain traceable.
Bybit said that as of June 18, about 90.2% of the stolen assets had become untraceable after moving through mixers, cross-chain bridges and OTC dealers. Only 9.8% remained linked to identifiable wallets, with roughly $75.5 million, or 5.3% of the total, already frozen or recovered.
The February 21, 2025 attack stemmed from a compromise of Safe Wallet infrastructure. The FBI formally attributed the theft to North Korea on February 26, 2025.
Bybit is seeking the return of the stolen crypto, approximately $1.5 billion in compensatory damages, as well as punitive and treble damages under the US RICO Act.
$BYBIT COURT WIN OPENS $1.5B LAZARUS GROUP MONEY TRAIL ⚡🦈
The federal bench just handed Bybit a sharp legal scalpel. 🔍 Expedited discovery forces US-facing platforms to disclose account identities, balances, and transaction histories tied to the Lazarus Group's record heist.
The numbers tell the story: by June 18, 90.2% of the stolen stack had dissolved through mixers, bridges, and OTC desks. 📉 Only 9.8% remains identifiable — with roughly $75.5M already frozen or clawed back. 📊
This is forensic warfare with RICO treble damages behind it. ⚖️ The Feb 21 Safe Wallet exploit was officially pinned on North Korea, and now the chain itself is on trial. 💬 Can the subpoena outrun the next mixer hop?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #Bybit #LazarusGroup #CryptoHack #OnChainForensics #CryptoNews
🦈 ⚖️
The federal bench just handed Bybit a sharp legal scalpel. 🔍 Expedited discovery forces US-facing platforms to disclose account identities, balances, and transaction histories tied to the Lazarus Group's record heist.
The numbers tell the story: by June 18, 90.2% of the stolen stack had dissolved through mixers, bridges, and OTC desks. 📉 Only 9.8% remains identifiable — with roughly $75.5M already frozen or clawed back. 📊
This is forensic warfare with RICO treble damages behind it. ⚖️ The Feb 21 Safe Wallet exploit was officially pinned on North Korea, and now the chain itself is on trial. 💬 Can the subpoena outrun the next mixer hop?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #Bybit #LazarusGroup #CryptoHack #OnChainForensics #CryptoNews
🦈 ⚖️
Bybit Sues North Korea and Lazarus Group Over $1.5 Billion Crypto Hack
The crypto industry is once again facing questions about security and cybercrime after major exchange Bybit filed a lawsuit against North Korea, its intelligence agency Reconnaissance General Bureau, and the alleged hacking group Lazarus Group.
The case is connected to the massive February 2025 attack on Bybit, when more than 400,000 ETH and staked ETH were stolen from the exchange. The assets were worth around $1.5 billion at the time, making the incident one of the largest cryptocurrency thefts ever recorded.
The FBI previously attributed the attack to North Korean actors. After the breach, the stolen funds were moved through multiple wallets, cross-chain services and crypto mixers, making the money increasingly difficult to track.
#SICryptoNews #bitcoin #bybit $LINK
$SOL
$ETH
The crypto industry is once again facing questions about security and cybercrime after major exchange Bybit filed a lawsuit against North Korea, its intelligence agency Reconnaissance General Bureau, and the alleged hacking group Lazarus Group.
The case is connected to the massive February 2025 attack on Bybit, when more than 400,000 ETH and staked ETH were stolen from the exchange. The assets were worth around $1.5 billion at the time, making the incident one of the largest cryptocurrency thefts ever recorded.
The FBI previously attributed the attack to North Korean actors. After the breach, the stolen funds were moved through multiple wallets, cross-chain services and crypto mixers, making the money increasingly difficult to track.
#SICryptoNews #bitcoin #bybit $LINK
$SOL
$ETH
🦈 $BTC AFTERMATH: COURT FREEZES $1.5B LAZARUS HEIST — THE HUNT JUST GOT PERSONAL 💥
📌 The judge ruled Bybit showed "likelihood of success on the merits" — that’s courtroom speak for undeniable proof. The freeze pins $1.5B in stolen crypto in place while investigators unwind the trail. 📊 Roughly $48.4M already recovered and $30.5M frozen across 28+ venues. This isn’t just headlines — it’s infrastructure being dismantled in real time.
🛡️ The real signal is industry-wide: exchanges, FBI, and blockchain forensics are coordinating like never before. Sloppy laundering routes are dying, and cybercrime just got a lot more expensive to operate. Trust isn’t claimed — it’s earned through actions like these. ⚡
💬 Does this kind of enforcement actually push prices higher long-term, or does the fear fade faster than the news cycle? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #CryptoNews #Bybit #Lazarus #Security
🎯 🦈
📌 The judge ruled Bybit showed "likelihood of success on the merits" — that’s courtroom speak for undeniable proof. The freeze pins $1.5B in stolen crypto in place while investigators unwind the trail. 📊 Roughly $48.4M already recovered and $30.5M frozen across 28+ venues. This isn’t just headlines — it’s infrastructure being dismantled in real time.
🛡️ The real signal is industry-wide: exchanges, FBI, and blockchain forensics are coordinating like never before. Sloppy laundering routes are dying, and cybercrime just got a lot more expensive to operate. Trust isn’t claimed — it’s earned through actions like these. ⚡
💬 Does this kind of enforcement actually push prices higher long-term, or does the fear fade faster than the news cycle? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #CryptoNews #Bybit #Lazarus #Security
🎯 🦈
The crypto industry is entering a phase where legal accountability is becoming just as important as blockchain technology itself.
Bybit has filed a civil lawsuit in the United States against North Korea, the Reconnaissance General Bureau (RGB), and the Lazarus Group over the $1.5 billion hack. A U.S. federal court has also granted a preliminary injunction freezing identified assets linked to the case while the legal proceedings continue.
This is more than a legal dispute over stolen funds. It signals a broader shift in how the digital asset industry responds to large-scale cybercrime. Security is no longer measured only by code and infrastructure—it is increasingly reinforced through legal action and international cooperation.
For years, blockchain has proven that transactions can be immutable. The next challenge is proving that accountability can be just as resilient.
Do you believe stronger legal enforcement will make the crypto ecosystem more trusted over the next decade?
#Bybit #Crypto #CyberSecurity #BinanceSquare
Bybit has filed a civil lawsuit in the United States against North Korea, the Reconnaissance General Bureau (RGB), and the Lazarus Group over the $1.5 billion hack. A U.S. federal court has also granted a preliminary injunction freezing identified assets linked to the case while the legal proceedings continue.
This is more than a legal dispute over stolen funds. It signals a broader shift in how the digital asset industry responds to large-scale cybercrime. Security is no longer measured only by code and infrastructure—it is increasingly reinforced through legal action and international cooperation.
For years, blockchain has proven that transactions can be immutable. The next challenge is proving that accountability can be just as resilient.
Do you believe stronger legal enforcement will make the crypto ecosystem more trusted over the next decade?
#Bybit #Crypto #CyberSecurity #BinanceSquare
The $1.5B #bybit hack made headlines, but the legal response could have the bigger long-term impact.
Bybit reportedly secured a court order to freeze assets linked to the Lazarus attack, showing that crypto security is evolving beyond on-chain tracking into real legal enforcement.
As exchanges, investigators, and regulators strengthen cooperation, large-scale crypto theft could become significantly more difficult and less profitable.
Institutional adoption depends on more than innovation—it also depends on trust.
Could stronger legal enforcement become one of crypto's biggest competitive advantages?
#crypto #Bybit #BlockchainSecurity $BTC
Bybit reportedly secured a court order to freeze assets linked to the Lazarus attack, showing that crypto security is evolving beyond on-chain tracking into real legal enforcement.
As exchanges, investigators, and regulators strengthen cooperation, large-scale crypto theft could become significantly more difficult and less profitable.
Institutional adoption depends on more than innovation—it also depends on trust.
Could stronger legal enforcement become one of crypto's biggest competitive advantages?
#crypto #Bybit #BlockchainSecurity $BTC
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🚨 CRYPTOWORLD GOT A NEW PLOT
$1.5 billion in $ETH
One of the biggest crypto hacks.
And now Bybit is taking it to court.
The exchange has filed a lawsuit against North Korea and the Lazarus Group, which are linked to the 2025 attack.
Stolen ETH, according to investigations, was moved through THORChain and converted into BTC.
Some assets were frozen by U.S. authorities.
But what about Bybit?
They simply covered the $1.5 billion in damage from reserves.
And kept operating.
Meanwhile, the estimated total amount of crypto stolen by North Korean hackers since 2017 has reached about $6.75 billion.
This isn’t just a “hack” anymore.
This is a full-fledged industry.
And good news for WSOT participants:
the prize pool, it seems, was not affected.
#CryptoNews #Bybit
$1.5 billion in $ETH
One of the biggest crypto hacks.
And now Bybit is taking it to court.
The exchange has filed a lawsuit against North Korea and the Lazarus Group, which are linked to the 2025 attack.
Stolen ETH, according to investigations, was moved through THORChain and converted into BTC.
Some assets were frozen by U.S. authorities.
But what about Bybit?
They simply covered the $1.5 billion in damage from reserves.
And kept operating.
Meanwhile, the estimated total amount of crypto stolen by North Korean hackers since 2017 has reached about $6.75 billion.
This isn’t just a “hack” anymore.
This is a full-fledged industry.
And good news for WSOT participants:
the prize pool, it seems, was not affected.
#CryptoNews #Bybit
Bybit has gone to court against North Korea’s intelligence directorate and Lazarus over the largest crypto theft of $1.5 billion, and an American court has already frozen assets connected to the theft — a legal hammer instead of another post: “Lazarus is moving ETH again.” The crypto exchange is trying to get the stolen funds back through the court and set a precedent for prosecuting state-linked crypto hackers
#Bybit #Crypto #Ethereum #Bitcoin #CyberSecurity
#Bybit #Crypto #Ethereum #Bitcoin #CyberSecurity
US court order supports Bybit in retrieving $1.5B hacked from North Korea
- The US court order allows Bybit to retrieve assets
- A fast discovery process is authorized
- Requires account information, balance, and transaction history
- Objective: trace the source of funds from the North Korea hack
#BinanceSquare #CryptoNews #Bybit #N KoreaHack
$btc $eth
#vlikevn Titanbot
Source: CoinTelegraph
- The US court order allows Bybit to retrieve assets
- A fast discovery process is authorized
- Requires account information, balance, and transaction history
- Objective: trace the source of funds from the North Korea hack
#BinanceSquare #CryptoNews #Bybit #N KoreaHack
$btc $eth
#vlikevn Titanbot
Source: CoinTelegraph
Bybit sues North Korea and the Lazarus Group over a $1.5 billion hack
- Bybit files a lawsuit against North Korea and the Lazarus Group.
- Reason: The hack involved the theft of $1.5 billion.
- Result: A temporary order has been issued to freeze the stolen assets.
#Bybit #LazarusGroup #CryptoNews #BlockchainSecurity
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
- Bybit files a lawsuit against North Korea and the Lazarus Group.
- Reason: The hack involved the theft of $1.5 billion.
- Result: A temporary order has been issued to freeze the stolen assets.
#Bybit #LazarusGroup #CryptoNews #BlockchainSecurity
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
#DEFİ
#bybit
#KelpDAO
From 2025 onward, crypto hacks have not only become more frequent, but also significantly more expensive for exchanges, DeFi projects, and investors.
This is reported by Visual Capitalist.
The largest crypto hacks
The Bybit breach in February 2025 became the biggest crypto theft in the entire history of the market. As a result of the hack, the attackers stole about $1.5 billion—this is a record crypto hack in the history of the industry.
The hackers were able to gain access to a third-party developer’s workstation and discreetly embed malicious code into the transaction processing workflow. As a result, the system displayed transfers as legitimate, although in reality the funds were being redirected to the attackers’ wallets.
The second and third largest crypto hacks occurred in April 2026. These involve cases with KelpDAO and Drift Trade.
In the case of KelpDAO, the hackers attacked a third-party system that checked transactions between different blockchains. The attackers managed to:
forge a collateral deposit;
create the appearance of available collateral;
gain access to approximately $292 million in crypto assets.
In effect, the system “believed” that on one blockchain the real assets were locked, and allowed the withdrawal of the actual funds to another
#bybit
#KelpDAO
From 2025 onward, crypto hacks have not only become more frequent, but also significantly more expensive for exchanges, DeFi projects, and investors.
This is reported by Visual Capitalist.
The largest crypto hacks
The Bybit breach in February 2025 became the biggest crypto theft in the entire history of the market. As a result of the hack, the attackers stole about $1.5 billion—this is a record crypto hack in the history of the industry.
The hackers were able to gain access to a third-party developer’s workstation and discreetly embed malicious code into the transaction processing workflow. As a result, the system displayed transfers as legitimate, although in reality the funds were being redirected to the attackers’ wallets.
The second and third largest crypto hacks occurred in April 2026. These involve cases with KelpDAO and Drift Trade.
In the case of KelpDAO, the hackers attacked a third-party system that checked transactions between different blockchains. The attackers managed to:
forge a collateral deposit;
create the appearance of available collateral;
gain access to approximately $292 million in crypto assets.
In effect, the system “believed” that on one blockchain the real assets were locked, and allowed the withdrawal of the actual funds to another
💥18亿美元 USDC leaves Binance!
The biggest winner isn’t OKX—it’s Bybit
📉 In the second quarter, Binance saw an outflow of about $1.8 billion in USDC, most of which occurred in June, drawing market attention. Many people assumed the funds would flow to OKX, but the result was unexpected.
📊 Bybit became the biggest winner: its USDC reserves rose sharply, driven mainly by demand for perpetual contracts and options trading. In contrast, OKX’s USDC reserves actually declined. The market believes this shift is related to the rollout of Europe’s MiCA regulations, and it also reflects traders increasingly valuing a platform’s product features and regulatory environment—not just trading volume.
👀 What to watch next:
✅ Whether Binance accelerates its MiCA compliance rollout
✅ Whether Bybit can continue attracting capital inflows
✅ Whether stablecoin funds return to the market
✅ The ongoing impact of European regulation on the exchange landscape
💡 Stablecoin flows are quietly changing. In the future, competition among exchanges may not be just about users—it may be about products and compliance capability.
📲 Click the avatar to follow me and get the latest news from the crypto world.
#bybit #USDC #MiCA #加密货币 #稳定币
The biggest winner isn’t OKX—it’s Bybit
📉 In the second quarter, Binance saw an outflow of about $1.8 billion in USDC, most of which occurred in June, drawing market attention. Many people assumed the funds would flow to OKX, but the result was unexpected.
📊 Bybit became the biggest winner: its USDC reserves rose sharply, driven mainly by demand for perpetual contracts and options trading. In contrast, OKX’s USDC reserves actually declined. The market believes this shift is related to the rollout of Europe’s MiCA regulations, and it also reflects traders increasingly valuing a platform’s product features and regulatory environment—not just trading volume.
👀 What to watch next:
✅ Whether Binance accelerates its MiCA compliance rollout
✅ Whether Bybit can continue attracting capital inflows
✅ Whether stablecoin funds return to the market
✅ The ongoing impact of European regulation on the exchange landscape
💡 Stablecoin flows are quietly changing. In the future, competition among exchanges may not be just about users—it may be about products and compliance capability.
📲 Click the avatar to follow me and get the latest news from the crypto world.
#bybit #USDC #MiCA #加密货币 #稳定币
复利时间朋友:
18亿USDC搬家说到底是规避合规摩擦，MiCA细则还没尘埃落定，机构频繁换通道的成本我们没必要去卷，只需， 算好摩擦损耗
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