Bybit Wins Court Approval to Chase North Korea Hack Funds

A US court has ruled in favor of Bybit's bid to trace funds from a $1.5 billion North Korea hack. The ruling allows Bybit to use blockchain analysis to track down the stolen funds, which were taken during the Lazarus Group's high-profile heist in March 2022.

The Bybit team has been working closely with law enforcement agencies to recover the stolen assets and bring those responsible to justice. This decision marks a significant milestone in their efforts, as it enables them to use more advanced techniques to track down the missing funds.