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The South Korean authorities named the main suspects in the Upbit hack.
On November 27, 2025, one of the largest cyberattacks on a cryptocurrency exchange occurred: hackers stole crypto assets worth 44.5 billion won ($30.4 million) from Upbit, the largest platform in South Korea, mainly in Solana. The exchange promptly blocked deposits and withdrawals, transferring assets from hot wallets to cold ones, and promises full compensation for clients' losses.
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