**News Flash: North Korean Hackers Behind Upbit Crypto Heist**

South Korean authorities have officially identified North Korean hacker groups Lazarus and Andariel as the culprits behind the 2019 Upbit cryptocurrency hack. The breach resulted in the theft of 342,000 Ether, valued at $50 million at the time. With Ether's recent price surge, the stolen amount now exceeds $1 billion.

This marks the first confirmation of North Korean involvement in a crypto hack by South Korean investigators. Despite confirming the perpetrators, details of the hacking methods remain undisclosed to prevent copycat crimes. Meanwhile, Upbit faces scrutiny for potential KYC violations, risking hefty fines and business license issues.