Upbit revised the scale of the stolen funds to 44.5 billion won, approximately 30.43 million dollars, and Korean regulatory authorities will conduct an on-site investigation until December 5
Nov 27, 2025 17:47:25
According to the afternoon update announcement from Upbit, the scale of asset leakage related to the Solana network has been revised from 54 billion KRW to 44.5 billion KRW (approximately 30.43 million USD); the scale of frozen funds on the Solana network has been revised from about 12 billion KRW to about 2.3 billion KRW (approximately 1.57 million USD).
In addition, according to South Korean media BlockMedia, after the Upbit security incident, the Financial Supervisory Service's Virtual Asset Regulatory Bureau immediately conducted an on-site inspection of the platform. The Financial Supervisory Service stated: "We have been informed of this hacking incident and are currently investigating the background of the hacking attack, the extent of the losses, and the measures taken to protect customer assets. We expect to continue the on-site inspection until next Friday (December 5)."
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