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Wire · regulatory

Bybit Sues North Korea and Lazarus Group, Secures Preliminary Injunction Freezing Stolen ...

Published

8 August 2026

Topic

regulatory

◆ Sectors

Crypto & Web3

◆ Geography

United States

◆ Source

Read at streetinsider.com →

◆ Verified

Fusion42 · 29 August 2026 · Fusion42 review

Bybit filed a civil lawsuit against North Korea and the Lazarus Group in the US to recover $1.5 billion stolen in a major cryptocurrency heist. The court granted a preliminary injunction freezing stolen assets, enabling recovery efforts and collaboration with law enforcement to strengthen accountability in crypto cybercrime.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 5 sources have reported it between 7 Aug 2026 and 9 Aug 2026.

◆ ◆ The Wire takeaway

You face new precedent for suing state-backed hackers to freeze stolen crypto assets. Pursue legal channels alongside compliance and law enforcement ties to protect your platform and recover stolen funds.

◆ Coverage

5 sources · first reported 7 Aug 2026 · latest 9 Aug 2026

◆ Related on Wire

◆ Topics

Crypto & Web3crypto-theftlegal-actionnorth-korealazarus-groupasset-recoverycybercrime