US Court Backs Bybit to Trace $1.5B North Korea Hack
A US court authorized Bybit to subpoena exchanges to trace assets from its $1.5B February 2025 hack, allegedly by North Koreaโs Lazarus Group. Yet 90% of funds were laundered via mixers and cross-chain swaps, prompting calls for stricter KYC, proof-of-reserves audits, and tighter crypto regulation.
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