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Lazarus Group Linked to $30M Upbit Hack in South Korea

Lazarus Group Linked to $30M Upbit Hack in South Korea

First seen 28 Nov 2025, 09:36 UTC • •

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

South Korean authorities suspect that North Korea's Lazarus Group was behind a hack of Upbit, resulting in losses of approximately $30.4 million. The breach involved unusual activity in Solana tokens and led Upbit to suspend transactions to mitigate further risks.

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