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Lazarus Group stories

Aug 31, 2026

North Korean hackers move $30 million in Bitcoin through Hyperliquid

Wallets linked to North Korea's Lazarus Group moved more than $30 million in Bitcoin through decentralized exchange Hyperliquid over three weeks, raising sanctions compliance questions as the platform pursues US market entry through talks with Kraken parent Payward.

Aug 31, 2026·4 sources
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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
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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
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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
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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
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Top claims

  • ▪In December 2024, MetaMask security researcher Taylor Monahan identified suspected North Korean hacker wallets trading on Hyperliquid, which triggered approximately $250 million in single-day net outflows
  • ▪LBank acknowledged that cross-platform and cross-chain risks represent an industry-wide challenge that cannot always be independently identified or addressed by a single platform
  • ▪Payward acquired Bitnomial on May 1 for $550 million, gaining access to Bitnomial's CFTC-registered derivatives clearing organization, designated contract market, and futures commission merchant licenses

Topics

Crypto Sanctions ComplianceCrypto hacksBitcoinDecentralized exchange (DEX)DeFiCrypto regulationAnti-money laundering (AML)Crypto enforcement actionsCrypto securityCrypto exchangesNorth KoreaDeFi lendingNorth Korean crypto hackingCybercrime

Related entities

BitcoinNorth KoreaHyperliquidUnited StatesrsETHETH