“The order is meant to protect recognized stolen digital property whereas the litigation continues, representing an necessary step in Bybit’s ongoing efforts to recuperate funds, help worldwide regulation enforcement investigations, and reinforce accountability for large-scale cybercrime,” Bybit stated within the launch.
“Our focus has by no means modified: defend our customers first, recuperate what we are able to, and ensure the folks behind these assaults are held accountable,” stated Ben Zhou, co-founder and CEO of Bybit, in an announcement. “The Lazarus assault wasn’t simply an assault on Bybit. It was an assault on belief in our business. That is why we have labored carefully with investigators, exchanges, regulators, regulation enforcement, and now the courts.”
The preliminary injunction means a federal choose ordered the respondents to not switch or promote the property they’re holding whereas the case is ongoing, Bybit stated. The trade added that it’s going to search for additional reduction from the courtroom.
“The civil motion is being pursued independently of ongoing legal investigations performed by U.S. regulation enforcement authorities,” the agency added.