NEW: Unlock the Future of Finance with CRYPTO ENDEVR - Explore, Invest, and Prosper in Crypto!
Crypto Endevr
  • Top Stories
    • Latest News
    • Trending
    • Editor’s Picks
  • Media
    • YouTube Videos
      • Interviews
      • Tutorials
      • Market Analysis
    • Podcasts
      • Latest Episodes
      • Featured Podcasts
      • Guest Speakers
  • Insights
    • Tokens Talk
      • Community Discussions
      • Guest Posts
      • Opinion Pieces
    • Artificial Intelligence
      • AI in Blockchain
      • AI Security
      • AI Trading Bots
  • Learn
    • Projects
      • Ethereum
      • Solana
      • SUI
      • Memecoins
    • Educational
      • Beginner Guides
      • Advanced Strategies
      • Glossary Terms
No Result
View All Result
Crypto Endevr
  • Top Stories
    • Latest News
    • Trending
    • Editor’s Picks
  • Media
    • YouTube Videos
      • Interviews
      • Tutorials
      • Market Analysis
    • Podcasts
      • Latest Episodes
      • Featured Podcasts
      • Guest Speakers
  • Insights
    • Tokens Talk
      • Community Discussions
      • Guest Posts
      • Opinion Pieces
    • Artificial Intelligence
      • AI in Blockchain
      • AI Security
      • AI Trading Bots
  • Learn
    • Projects
      • Ethereum
      • Solana
      • SUI
      • Memecoins
    • Educational
      • Beginner Guides
      • Advanced Strategies
      • Glossary Terms
No Result
View All Result
Crypto Endevr
No Result
View All Result

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

Greece recovers part of funds stolen in Bybit hack as its first crypto asset seizure
Share on FacebookShare on Twitter

rewrite this content

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 widely attributed to North Korea’s Lazarus Group.

The Bybit hack, which ranks among the largest crypto exchange breaches in history, saw attackers exploit vulnerabilities in the platform’s private key management systems to drain roughly $1.4 billion worth of Ethereum (ETH).

The stolen funds were rapidly laundered through an intricate web of blockchain transactions designed to obscure their origins, making recovery efforts challenging for global authorities.

The Greek seizure marked a milestone for local law enforcement in digital crime prevention. It was made possible by the Authority’s strategic investment in Chainalysis Reactor in 2023, a blockchain tracing platform procured through regional partner Performance Technologies.

The local technology provider also provided analysts with training and operational support ahead of the case. Using Reactor, Greek investigators tracked suspicious crypto transactions that ultimately linked a suspect wallet to the original Bybit theft.

Officials then froze the assets, removing control from illicit actors and transferring the case to prosecuting authorities for further legal action.

Kyriakos Pierrakakis, Greece’s Minister of Economy and Finance, hailed the seizure as a demonstration of modern tools strengthening anti-financial crime efforts.

Analysts said the successful seizure underlines how blockchain’s public ledger can aid global law enforcement despite sophisticated laundering tactics employed by groups like Lazarus, which has targeted crypto exchanges worldwide to fund North Korea’s weapons programs.

Chainalysis described the case as proof that combining technology, training, and international cooperation can erode criminal anonymity and bolster trust in digital asset markets.

Mentioned in this article

in well organized HTML format with all tags properly closed. Create appropriate headings and subheadings to organize the content. Ensure the rewritten content is approximately 1500 words. Do not include the title and images. please do not add any introductory text in start and any Note in the end explaining about what you have done or how you done it .i am directly publishing the output as article so please only give me rewritten content. At the end of the content, include a “Conclusion” section and a well-formatted “FAQs” section.

cryptoendevr

cryptoendevr

Related Stories

The Graph Brings Real Time Data Streaming to TRON, Providing Builders with Advanced Blockchain Insights

The Graph Brings Real Time Data Streaming to TRON, Providing Builders with Advanced Blockchain Insights

July 9, 2025
0

rewrite this content Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn...

New Zealand to ban crypto ATMs in AML crackdown

New Zealand to ban crypto ATMs in AML crackdown

July 9, 2025
0

rewrite this content New Zealand’s Ministry of Justice is set to ban crypto ATMs as part of a sweeping overhaul...

Joe Lubin forecasts Ethereum treasury strategies will reshape Wall Street perception

Joe Lubin forecasts Ethereum treasury strategies will reshape Wall Street perception

July 9, 2025
0

rewrite this content Ethereum and Consensys co-founder Joe Lubin said companies adopting ETH treasury strategies will play a critical role...

Survey finds gaps in mainstream Bitcoin coverage, leaving institutional investors exposed

Survey finds gaps in mainstream Bitcoin coverage, leaving institutional investors exposed

July 8, 2025
0

rewrite this content A second-quarter survey of 18 mainstream news outlets logged 1,116 Bitcoin (BTC) stories and measured sentiment at...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Bitcoin Bullish Again? Potential All-Time High in Sight: Analysis

Bitcoin Bullish Again? Potential All-Time High in Sight: Analysis

July 3, 2025
Hunters International shuts ransomware operations, reportedly becomes an extortion-only gang

Hunters International shuts ransomware operations, reportedly becomes an extortion-only gang

July 3, 2025
Bitcoin Rejected! | Stock Markets Losing MAJOR Support! | Options Closeout!

Bitcoin Rejected! | Stock Markets Losing MAJOR Support! | Options Closeout!

July 3, 2025

Arthur Hayes and Hanson Birringer on Hyperliquid’s Success (And What Could Stop It)

July 3, 2025
Circle stock outpaces Bitcoin with 472% growth since June IPO

Circle stock outpaces Bitcoin with 472% growth since June IPO

July 3, 2025

Our Newsletter

Join TOKENS for a quick weekly digest of the best in crypto news, projects, posts, and videos for crypto knowledge and wisdom.

CRYPTO ENDEVR

About Us

Crypto Endevr aims to simplify the vast world of cryptocurrencies and blockchain technology for our readers by curating the most relevant and insightful articles from around the web. Whether you’re a seasoned investor or new to the crypto scene, our mission is to deliver a streamlined feed of news and analysis that keeps you informed and ahead of the curve.

Links

Home
Privacy Policy
Terms and Services

Resources

Glossary

Other

About Us
Contact Us

Our Newsletter

Join TOKENS for a quick weekly digest of the best in crypto news, projects, posts, and videos for crypto knowledge and wisdom.

© Copyright 2024. All Right Reserved By Crypto Endevr.

No Result
View All Result
  • Top Stories
    • Latest News
    • Trending
    • Editor’s Picks
  • Media
    • YouTube Videos
      • Interviews
      • Tutorials
      • Market Analysis
    • Podcasts
      • Latest Episodes
      • Featured Podcasts
      • Guest Speakers
  • Insights
    • Tokens Talk
      • Community Discussions
      • Guest Posts
      • Opinion Pieces
    • Artificial Intelligence
      • AI in Blockchain
      • AI Security
      • AI Trading Bots
  • Learn
    • Projects
      • Ethereum
      • Solana
      • SUI
      • Memecoins
    • Educational
      • Beginner Guides
      • Advanced Strategies
      • Glossary Terms

Copyright © 2024. All Right Reserved By Crypto Endevr