North Korea Suspected of $30 Million Crypto Hack, Yonhap Says

North Korean hacking group Lazarus is suspected of being behind an exploit that saw 45 billion won (about $30 million) drained from South Korea’s largest crypto exchange Upbit on Thursday, Yonhap News reported.

South Korean authorities plan to carry out an on-site investigation at the crypto exchange and believe Lazarus was behind the incident, according to the report, which cited unidentified government and industry sources.

The group is also suspected of stealing 58 billion won worth of Ether from Upbit in 2019, and authorities said the methods used in the latest breach resembled those used in the 2019 theft, according ...