Upbit: Approximately $1.77 million in stolen assets have been frozen, and the remaining stolen funds are being tracked.

According to FN News, Dunamu, the operating company of the South Korean crypto exchage Upbit, stated that it has frozen assets worth 2.6 billion won (approximately US$1.77 million). Upbit is proceeding with follow-up procedures to safely recover the frozen assets. Currently, Upbit is using its self-developed On-Chain Automated Tracking Service (OTS) to track the path of virtual assets transferred externally. Simultaneously, it is actively collaborating with global crypto exchage to prevent further asset transfers. An Upbit representative stated, "Although all the losses suffered by our clients have been compensated by Upbit's own assets, we continue to relentlessly track and freeze assets to prevent them from falling into the hands of attackers. We earnestly request the active cooperation of global crypto exchage and the blockchain community to build a secure cryptocurrency ecosystem." Meanwhile, after replacing all virtual asset wallets and strengthening security, Upbit restored all virtual asset deposit and withdrawal services on the 6th. Previously, Upbit confirmed that it suffered losses exceeding 44.5 billion won due to a stolen hot wallet, and its CEO issued an apology letter.