Bybit is pressing a U.S. court to help trace and freeze funds from its $1.5 billion February hack, with more than $30.5 million still locked across exchanges and custodians. It’s progress, but frozen money isn’t recovered money—and most of the loot is still missing.
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Bybit is taking North Korea and the Lazarus Group to U.S. court after a reported $1.5 billion crypto hack, securing a freeze on identified stolen assets while chasing recovery. The case underscores how state-linked cybercrime keeps testing crypto’s security, custody, and trust.
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Bybit has sued North Korea, its military intelligence unit, and the Lazarus Group in U.S. court over the $1.5 billion crypto hack, as a judge freezes some assets while investigators race to track the stolen Ether before it vanishes for good.
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The G7 has branded North Korea’s crypto theft spree a global security threat, warning stolen coins may be funding nuclear weapons — and signaling more surveillance, tighter exchange rules, and heavier pressure on crypto’s weak links.
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North Korea’s Lazarus turns to fileless malware in new crypto attacks North Korea’s Lazarus Group is reportedly leaning harder on fileless malware in crypto attacks, a shift that makes intrusions stealthier, tougher to detect, and nastier for exchanges, wallet users, and anyone else handling digital assets. Lazarus Group is shifting to stealthier attack methods Fileless […]
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North Korean-linked hackers have turned South Korea into one of crypto’s most active battlegrounds, with the Lazarus Group tied to major exchange breaches, laundering pipelines, and scam networks that keep evolving faster than enforcement can lock them down. Lazarus Group linked to 6 of 9 major South Korean exchange hacks More than $120 million confirmed […]
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Ripple is sharing internal threat intelligence with Crypto ISAC to help crypto firms spot North Korean-linked attacks earlier, as the industry’s biggest security headaches keep shifting from code bugs to human compromise. Ripple is contributing DPRK threat intel to Crypto ISAC Attacks are moving from smart contract exploits to infiltration and social engineering Drift and […]
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North Korea’s Lazarus Group Is Targeting Crypto Executives With Fake Meeting Invites is back with a macOS malware campaign that looks like boring business paperwork and behaves like a digital mugging. The target set is exactly what you’d expect from a state-backed crypto theft crew: executives, fintech leaders, and anyone else sitting close to the […]
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A $290 million exploit against KelpDAO’s LayerZero-based bridge has been linked to North Korea’s Lazarus Group, and the knock-on effect reportedly ripped more than $13 billion out of DeFi in just two days. $290 million drained from KelpDAO’s bridge in one hit LayerZero blames Lazarus Group, likely the TraderTraitor unit More than $13 billion erased […]
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North Korea Hackers Steal $500M from DeFi: Exposing Blockchain Security Flaws A chilling wave of cyberattacks has rocked the decentralized finance (DeFi) world, with North Korea-linked hackers looting over $500 million from platforms like Drift and Kelp in just three weeks. These brazen exploits lay bare the fragile underbelly of blockchain infrastructure, spotlighting critical vulnerabilities […]
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