North Korean hacking group Lazarus suspected behind recent crypto hacking

North Korean hacking group Lazarus is suspected to be behind a recent breach of around 45 billion won (US$30.6 million) worth of cryptocurrency from South Korea’s largest crypto exchange Upbit, sources said Friday.

According to government and business sources, authorities plan to carry out an on-site investigation at the crypto exchange with a belief that Lazarus was behind the hacking.

Dunamu, which operates Upbit, said Thursday it confirmed the transfer of 44.5 billion won worth of Solana-affiliated assets to an unauthorized wallet address and plans to cover the full amount with assets the company owns.

Read more at Yonhap News Agency