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LIVE DESK·Global markets desk·Last updated 14s ago
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Bybit Sues North Korea and Lazarus Group Over $1.5 Billion Hack

Cryptocurrency exchange Bybit has filed a lawsuit against North Korea and the Lazarus Group, securing a preliminary injunction to freeze stolen assets.

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Marcus Webb · Crypto Desk · 14 Aug 2026 · 1 min read
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Bybit Sues North Korea and Lazarus Group Over $1.5 Billion Hack

Cryptocurrency exchange Bybit has initiated legal action against the state of North Korea and the Lazarus Group following a massive $1.5 billion security breach.

Alongside the lawsuit, the exchange has successfully secured a preliminary injunction to freeze the stolen digital assets.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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