Lazarus Group stories

Aug 8, 2026

Crypto Laundering Operations Accelerate as Hackers Move Billions Through 45-Day Window

Following $3.4 billion in crypto thefts in 2025 and over $1 billion stolen in the first half of 2026, investigators reveal hackers have approximately 45 days to launder stolen assets before trails go cold. The Bybit exchange has recovered $48.4 million after suing North Korea's Lazarus Group, with a US court freezing $30.5 million in related assets.

Aug 8, 2026·5 sources

Aug 7, 2026

Bybit sues North Korea over $1.5 billion hack, secures court-backed asset freeze

Crypto exchange Bybit filed a civil lawsuit against North Korea, its intelligence agency, and the Lazarus Group over the February 2026 hack. A U.S. federal judge granted Bybit's request to trace stolen assets.

Aug 7, 2026·2 sources

May 11, 2026

Aave Enters Phase II of rsETH Recovery After $200 Million Bad Debt Crisis

Aave has progressed to Phase II of recovering exploited rsETH funds following a $200 million bad debt event linked to the Lazarus Group, with $71 million in ETH returns moving forward despite no flaws in Aave's own contracts.

May 11, 2026·3 sources

May 10, 2026

North Korea's Lazarus Group Faces Federal Court Battle Over $71 Million in Seized Funds

Two sets of claimants tied to North Korea-related losses faced off in Manhattan federal court on May 6, both seeking rights to the same $71 million in seized funds linked to the Lazarus Group.

May 10, 2026·2 sources

Top claims

▪During days six through ten of the laundering cycle, stolen funds hop blockchains via cross-chain bridges and flow through exchanges with limited know-your-customer controls.
▪A US federal court granted Bybit a preliminary injunction freezing digital assets tied to the February 2025 hack and restricting unidentified "John Doe" defendants from transferring or selling them.
▪An analysis by zeroShadow cited by Elliptic indicated that more than $1 billion of the stolen Bybit funds had already moved through the laundering pipeline before the US court issued its injunction.

Topics

Crypto enforcement actions Anti-money laundering (AML)Crypto security Crypto regulation

North Korean crypto hacking

Cybercrime

Related entities

United States North Korea rsETH ETH

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