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Greek authorities have made their first-ever crypto seizure, recovering funds tied to the $1.4 billion Bybit hack. The operation, aided by blockchain analytics firm Chainalysis, targeted assets allegedly stolen by North Korea’s Lazarus Group.
- Greece’s first crypto seizure targeted funds from the $1.4B Bybit hack, attributed to North Korea’s Lazarus Group.
- Chainalysis Reactor and local training enabled Greek authorities to trace and freeze the stolen Ethereum.
- The case demonstrates blockchain’s role in combating crypto laundering despite advanced criminal tactics.
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Other Tags: Chainalysis, Lazarus Group