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U.S. Court Imposes Freeze on $30.5 Million in Bybit Hacking Case as Asset Recovery Efforts Broaden

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FOMOGRAM Editorial Desk
Aug 8, 2026
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U.S. Court Imposes Freeze on $30.5 Million in Bybit Hacking Case as Asset Recovery Efforts Broaden
EXECUTIVE SUMMARY

A U.S. court has frozen $30.5 million in Ethereum related to the Bybit hacking case, impacting asset recovery efforts. Bybit is pursuing legal action against North Korea and other entities involved in the hack.

A U.S. court has frozen $30.5 million in Ethereum related to the Bybit hacking case, impacting asset recovery efforts. Bybit is pursuing legal action against North Korea and other entities involved in the hack.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

The court's freeze on $30.5 million in Ethereum linked to the Bybit hack may create short-term selling pressure.

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