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Investigation Launched into KRW 44.5 Billion Hacking at Upbit Exchange
First seen 6 Dec 2025, 21:47 UTC
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The National Police Agency's Cyber Terror Investigation Unit has initiated a formal investigation into the hacking of virtual assets valued at KRW 44.5 billion from Upbit, Korea's largest virtual asset exchange. The police became aware of the incident through media reports on November 27, 2025, and had previously conducted an internal investigation before filing charges.
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