Bybit Secures Injunction Freezing Lazarus Group Stolen Assets in US Court

US court grants Bybit preliminary injunction to freeze stolen crypto from Lazarus Group, citing high win probability. $48.4M recovered and $30.5M frozen across 28 entities.

Woofun AI reports that Bybit has filed a civil lawsuit in the U.S. District Court for the District of Columbia against North Korea, its General Bureau of Reconnaissance, and the Lazarus Group regarding the February 2025 cyberattack. The court issued a preliminary injunction freezing stolen digital assets held by 'John Doe' defendants, characterizing the incident as one of the largest cryptocurrency thefts in history and noting Bybit has a 'good chance of winning'.

Bybit has recovered approximately $48.4 million and frozen around $30.5 million across more than 28 exchanges and custodians through collaboration with blockchain firms and law enforcement. These efforts supported the shutdown of the eXch exchange by German authorities and the dismantling of Cryptomixer.io by German and Swiss agencies. CEO Ben Zhou stated the goal remains user protection and legal accountability, emphasizing continued investment in tracking technologies while the lawsuit proceeds.