Bybit Sues North Korea Over $1.5B Hack, Wins Asset Freeze Order

Crypto exchange Bybit has sued North Korea after the Lazarus Group stole $1.5 billion in a February 2025 hack, and has secured a court order freezing assets. The exchange has so far recovered $48.4 million and frozen an additional $30.5 million — a small fraction of the total stolen. The lawsuit marks a rare legal move by a private company against a state-linked hacking operation.