Upbit: Approximately 54 billion won in assets were stolen from Solana; access has been suspended and a full investigation is underway.

South Korean cryptocurrency exchange Upbit has announced that it has suspended deposit and withdrawal services and is conducting a comprehensive investigation. Around 04:42 local time on November 27, 2025, Upbit confirmed that some Solana network-related assets (approximately 54 billion Korean won) were transferred to an unknown external wallet. The digital assets involved include 2Z, ACS, BONK, DOOD, DRIFT, HUMA, IO, JTO, JUP, LAYER, ME, MEW, MOODENG, ORCA, PENGU, PYTH, RAY, RENDER, SOL, SONIC, SOON, TRUMP, USDC, and W. To protect user assets, Upbit immediately took the following measures: 1. All assets have been transferred to a secure cold wallet to prevent further abnormal transfers; 2. An on-chain freeze attempt has been initiated, and cooperation with law enforcement investigations is underway.