In brief
- Funds from February’s $1.5 billion hack of crypto exchange Bybit have been traced to a Greek crypto exchange, according to the country’s authorities.
- Greece’s Anti-Money Laundering Authority detected a “suspicious” transaction by a registered user of the unnamed Greek exchange in May.
- To date, Bybit claims to have recovered $42.89 million of the assets stolen in the hack.
Proceeds from February’s mammoth $1.5 billion hack of crypto exchange Bybit have been traced to an unnamed Greek crypto exchange by the country’s authorities.
The attack, considered the largest of a crypto exchange in history, was later traced by on-chain investigators to North Korea’s Lazarus Group. The state-sponsored group has been tied to numerous…
Jun 25 2025
