Key Notes

The Upbit team has been monitoring any suspicious wallet activity across all wallets by using its own Automatic Tracking Service (OTS).

The exchange is collaborating with global platforms, blacklisting addresses, and strengthening security at the platform.

Upbit has also launched a global recovery program offering 10% of the funds recovered to all contributors.

Crypto exchange Upbit has shared the team’s latest efforts in freezing $1.77 million of victims’ funds, as part of the recovery, following a major hack at the end of November. The team froze these funds after detecting an abnormal withdrawal incident involving a Solana-linked wallet.

Upbit Team Vigilant on Hacker’s Movement on Stolen Funds

The Upbit team is staying vigilant over the hacker’s movement of stolen funds,

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