
Bybit Sues North Korea, Lazarus Group Over $1.5B Crypto Hack
Exchange wins preliminary injunction to freeze stolen assets in US court.
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Original coverage across the crypto market, updated daily.

Exchange wins preliminary injunction to freeze stolen assets in US court.

Court grants Bybit expedited discovery to trace assets from the $1.5B hack linked to North Korea.

State petition demands identities, wagers, losses and restitution from prediction platform.

Terry Duffy says a court case could determine how the IRS treats perpetual futures contracts.

Court finds Minnesota law likely violates federal commodity law, halting state enforcement against prediction markets.
A Washington state court grants preliminary injunction against Kalshi, deeming its sports prediction markets illegal gambling.
Rotterdam court declares Knaken bankrupt under EU MiCA rules; prosecutors allege $8 million in customer funds missing.
A recent Supreme Court decision expanding presidential authority to remove agency heads may impact SEC and CFTC rulemaking.

A June 29 Supreme Court decision undermines the independence of regulatory agencies, potentially affecting crypto enforcement.