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Bybit Sues North Korea Over $1.5 Billion Hack

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Bybit has taken legal action against North Korea and the Lazarus Group in connection with a $1.5 billion hack that occurred in 2022.

The crypto derivatives exchange secured an asset freeze as part of its lawsuit, which aims to recover the stolen funds.

Bybit's decision to sue comes after it previously offered a reward for information leading to the arrest and prosecution of those responsible for the hack.

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