Greece Makes First Crypto Seizure Tied to North Korea's $1.5B Bybit Hack

Greece Makes First Crypto Seizure After $1.5 Billion Bybit Hack – Here’s What Happened

Greece makes first crypto seizure after $1.5B Bybit hack using Chainalysis tools to trace North Korea's Lazarus Group laundering schemes.

Greece Makes First Crypto Seizure Tied to North Korea's $1.5B Bybit Hack

The Hellenic Anti-Money Laundering Authority issued a freezing order, locking the assets and preventing them from being transferred.

Greece Freezes Funds in Bybit Hack as Bitcoin Hits $112K

The Greek authorities have already tracked and blocked the funds connected with the recent Bybit hack. This cyberattack has taken advantage of the weaknesses of the platform of Bybit that have led to unauthorized withdrawals of funds in the accounts of users. The swift response of Greece to identify the exploit shows their emerging role towards curbing cybercrimes in the crypt world with the help of blockchain analysis tools. It was not easy to …

Greece Makes First-Ever Crypto Asset Seizure After Bybit Hack

Greece has entered new territory in crypto enforcement. For the first time, authorities in the country have seized digital assets linked to a cybercrime case. The move follows a phishing attack that drained funds from a local user’s Bybit account and signals a growing ability to handle crypto-related crimes through the legal system. Background: What Happened with Bybit The case began when a Greek citizen lost more than $150,000 worth of crypto i…

Greece recovers part of funds stolen in Bybit hack as its first crypto asset seizure

Greek authorities carried out the country’s first-ever crypto seizure after tracing funds linked to the record-breaking $1.4 billion hack of crypto exchange Bybit earlier this year. The Hellenic Anti-Money Laundering Authority issued a freezing order on a suspect wallet following a months-long investigation aided by blockchain analytics firm Chainalysis. The operation targeted funds allegedly stolen in February’s Bybit breach, which has been wid…

Greece recovers part of funds stolen in Bybit hack as its first crypto asset seizure - Coin Surges

Greek authorities carried out the country’s first-ever crypto seizure after tracing funds linked to the record-breaking $1.4 billion hack of crypto exchange Bybit earlier this year. The Hellenic Anti-Money Laundering Authority issued a freezing order on a suspect wallet following a months-long investigation aided by blockchain analytics firm Chainalysis. The operation targeted funds allegedly stolen in February’s Bybit breach, which has been wid…