October 1, 2022

Hackers transferred $ 10 million stolen from Upbit Ethereum

The criminals conducted 12 transactions, some of which for $ 1.5 million in cryptocurrency, the other - for $ 150 thousand.

Hackers transferred $ 10 million to Ethereum's unknown wallets, stolen from the Upbit exchange in late November. 12 transactions of $ 1.5 million and $ 150 thousand were recorded by the Whale Alert Twitter bot.

Financial transactions took place within seven hours. At the moment, Upbit exchange management is engaged in the search for criminals together with law enforcement agencies.

The incident occurred on November 27, hackers hackedUpbit exchange and withdrawn from it 342 thousand Ethereum in the amount of $ 50 million. CEO of the company Sok-Wu Lee promised to compensate all user losses and said that the site will return to work within two weeks.