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…

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