Upbit Hack Linked to North Korea’s Lazarus Group, Probe Initiated
- Approximately $36 million was drained from Upbit’s hot wallet on the Solana network.
- South Korean authorities suspect the involvement of North Korea’s Lazarus Group in the breach.
- Dunamu, Upbit’s operator, has frozen affected wallets and moved remaining funds to cold storage.
- Victims are assured full reimbursement as investigations continue.
- Blockchain security firms are monitoring fund movements linked to over a hundred exploiter addresses on Solana.
The recent hack on Upbit resulted in significant financial loss and has been linked to the notorious Lazarus Group, known for high-profile crypto thefts. Authorities have initiated an investigation into the breach, while Dunamu takes measures to secure assets and ensure customer reimbursement.
With approximately $36 million stolen from Upbit’s hot wallet, South Korean authorities are focusing on potential links to North Korea’s Lazarus Group as they probe this major security incident. Source
