On November 27, South Korea's largest cryptocurrency exchange Upbit disclosed that at 4:42 AM on November 27, it detected abnormal withdrawal behavior, with approximately 54 billion won (about 36 million USD) of Solana network-related digital assets being transferred to an unknown external wallet address. Upbit will cover all customer losses.
The stolen assets include: 2Z, ACS, BONK, DOOD, DRIFT, HUMA, IO, JTO, JUP, LAYER, ME, MEW, MOODENG, ORCA, PENGU, PYTH, RAY, RENDER, SOL, SOON, TRUMP, USDC, W.
At 4 AM this morning, Solana-related assets within the exchange were transferred to an external anonymous address, involving many SOL chain tokens including USDC, SOL, and BONK.
To prevent further abnormal transfers, the exchange temporarily transferred all assets to cold wallets and is conducting an emergency investigation.
This is a negative news incident occurring shortly after the Financial Services Commission of South Korea announced a regulatory investigation into Upbit.


