South Korea said North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at over $1 billion.
South Korean authorities confirmed that North Korean hackers were responsible for the $50 million Upbit cryptocurrency hack in 2019.
On Nov. 21, the country’s National Office of Investigation confirmed that the hack, which stole 342,000 Ether (ETH), was carried out by North Korean hacker groups Lazarus and Andariel.
Upbit, a South Korea-based cryptocurrency exchange, reported on Nov. 27, 2019, that the crypto had been stolen from its hot wallet. The ETH was worth about $147 a coin at the time of the theft, making the total amount stolen about $50 million.
