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Lazarus Group Linked to $30M Hack of Upbit Exchange

Lazarus Group Linked to $30M Hack of Upbit Exchange

First seen 5 Dec 2025, 16:47 UTC • •

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ThreatCluster AI
ThreatCluster •March 12, 2026 at 13:27 UTC

The Lazarus Group, a North Korean state-linked hacking organization, is suspected of executing a hack on Upbit, South Korea's largest cryptocurrency exchange, on November 27, 2025. Approximately KRW 45 billion (around $30.6 million) in digital assets were stolen. South Korean authorities plan to investigate the incident further.

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