North Korea’s Lazarus Group suspected in $30 million Upbit hack: report
The Block
Lazarus Group is suspected of stealing $30.4 million in crypto from South Korea's Upbit exchange using methods similar to a 2019 attack.Summary
North Korea's Lazarus Group is suspected of orchestrating the recent theft of approximately 44.5 billion won ($30.4 million) in crypto from Upbit, South Korea's largest exchange. Authorities are reportedly preparing an on-site inspection of Upbit, citing growing confidence in the attribution to Lazarus. Upbit initially reported a larger loss but revised it down. The attack methods reportedly resembled those used in a 2019 Upbit hack, which South Korean police previously attributed to Lazarus. Officials suggest hackers likely compromised administrator accounts to authorize transfers rather than directly attacking servers. Onchain data indicates the stolen Solana was swapped for USDC and bridged to Ethereum.
(Source：The Block)