South Korea has officially stated that hackers from North Korea, the Lazarus and Andariel groups, were behind the hack of the Upbit cryptocurrency exchange in 2019, during which $50 million worth of cryptocurrency (342,000 ETH) was stolen. The current value of the stolen assets exceeds $1 billion. The hackers used exchanges controlled by North Korea and foreign platforms to launder the money. At the same time, Upbit is facing violations of KYC procedures, which could lead to fines and licensing difficulties.
11/21/2024 1:18:13 PM (GMT+1)
South Korea confirmed that hackers from North Korea, Lazarus and Andariel, stole $50 million worth of cryptocurrency from Upbit exchange in 2019 💻
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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