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N. Korean hacking group Lazarus suspected behind recent crypto hacking: sources

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By Yonhap
  • Published KST
  • Updated KST
This file photo shows the logo of Dunamu at the headquarters of Naver in Seongnam, Gyeonggi Province, Thursday. Yonhap

This file photo shows the logo of Dunamu at the headquarters of Naver in Seongnam, Gyeonggi Province, Thursday. Yonhap

North Korean hacking group Lazarus is suspected to be behind a recent breach of around 45 billion won ($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.