Greece Traces and Freezes Funds From Bybit Crypto Hack
Greece’s Hellenic Anti-Money Laundering Authority has issued its first-ever crypto asset freeze, targeting funds linked to the $1.5 billion hack of the Bybit exchange in February 2025.
This marks a turning point in the global fight against financial cybercrime and raises new questions about the security of crypto exchanges amid rapid market expansion.
Greece Successfully Traces $1.46 Billion Hack by Lazarus Group
The attack on Bybit is believed to have been carried out by Lazarus, a North Korean hacking group known for sophisticated cyberattacks targeting crypto platforms.
The Bybit hack, referred to by the FBI as “TraderTraitor,” shocked the industry after the attackers stole approximately $1.46 billion…