Upbit $30 Million Hack Update: Authorities Link Breach To North Korean Hackers

South Korea’s largest cryptocurrency exchange, Upbit, is currently under scrutiny by regulators following a significant hack that led to the unauthorized withdrawal of approximately $36.9 million in assets on the Solana (SOL) network. The breach impacted over 20 different tokens and has prompted Upbit to freeze assets on its platform while an investigation unfolds. Lazarus Group Tied To Upbit Hack Authorities are now investigating the possibility of North Korean involvement in the cyber attack. Reports suggest that a group affiliated with North Korea’s intelligence agency, the notorious Lazarus Group, may have orchestrated the hack, which Upbit has described as an “abnormal withdrawal.”  This group has been consistently linked to several high-profile crypto heists in recent years, and the US Federal Bureau of Investigation (FBI) has identified North Korean cyber operations as one of the most sophisticated and persistent threats. Related Reading: Hyperliquid (HYPE) Rea