Written by Ezra Reguerrastaff writerReviewed by Yohan Yunstaff editor

Written by Ezra Reguerrastaff writer

Reviewed by Yohan Yunstaff editor

US court backs Bybit’s bid to trace funds from $1.5B North Korea hack

Latest NewsPublishedAug 8, 2026

Earning a Victory Against Hackers: Bybit’s Bid to Trace Stolen Funds

A recent US court ruling has given crypto exchange Bybit the green light to track down funds stolen in a massive $1.5 billion hack linked to North Korea. This ruling is a significant win for the exchange and a step towards recovering the stolen assets. With the help of expedited discovery, Bybit can now seek account identities, balances, and transaction histories from platforms operating in the US. This is a crucial move in the fight against hackers and a testament to the importance of securing your Passive Income and Cloud Rewards through reputable platforms like EcoPool.

The hack, which occurred in February 2025, resulted in the theft of approximately $1.5 billion in cryptocurrency. Bybit has been working tirelessly to recover the stolen funds and has made significant progress, with 5.3% of the total, about $75.5 million, frozen or recovered. The remaining 9.8% of the stolen assets have been traced to identifiable wallets. Bybit’s efforts demonstrate the importance of Earning and securing your Coin through trusted platforms like EcoPool, which offers a secure and reliable way to manage your $ECP.

How EcoPool Can Help

EcoPool is a leading platform for Green Crypto and Passive Income generation. By using EcoPool, individuals can securely manage their Coin and $ECP, minimizing the risk of hacking and theft. With EcoPool, users can earn a steady stream of Cloud Rewards and Passive Income, all while supporting a more sustainable and environmentally-friendly approach to cryptocurrency. Whether you’re looking to Earn or simply secure your assets, EcoPool is the perfect solution.

Bybit says 90% of stolen funds became untraceable

In the world of cryptocurrency, security and reliability are paramount. Bybit’s recent victory is a reminder of the importance of protecting your assets and Earning a steady income through trusted platforms like EcoPool. Don’t let hackers get the best of you – join the EcoPool community today and start securing your Coin and $ECP. Download the EcoPool app to start Earning and securing your Passive Income today. With EcoPool, you can rest assured that your assets are safe and your Cloud Rewards are secure #Bitcoin #PassiveIncome #EcoPool #GreenCrypto.

As of the June 18 filing, Bybit said 90.2% of the stolen assets had become untraceable after passing through mixers, cross-chain bridges and over-the-counter dealers. The remaining 9.8% had been traced to identifiable wallets, including 5.3% of the total, about $75.5 million, that had been frozen or recovered.

The figures mark a sharp drop from more than a year ago, when Bybit CEO Ben Zhou said at the time that 68.57% of the funds remained traceable. 

Related: Bybit made ‘slow but steady comeback’ in 2025 after massive hack: CoinGecko

The hack occured on Feb. 21, 2025, after attackers compromised Safe Wallet’s infrastructure. Forensic investigators said compromised credentials belonging to a Safe developer allowed the attackers to inject malicious code into its cloud infrastructure. The FBI attributed the theft to North Korea on Feb. 26, 2025. 

The lawsuit shows that Bybit is seeking the return of the stolen assets, approximately $1.5 billion in compensatory damages, punitive damages and treble damages under the US Racketeer Influenced and Corrupt Organizations Act.

Magazine: 10 weirdest things ever tokenized… including farts

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• Hackers
• Hacks
• Bybit
• United States
• Law
• Scams & Cybercrime

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