Hyperliquid has yet to provide any public statements or announcements to publicly explain the accusations. Instead, on-chain data reveals that Lazarus-linked accounts deposited $476,489 in $ETH tokens onto Hyperliquid before subsequently withdrawing them.

Hyperliquid Denies Indicators of a North Korean Hack, Despite On-Chain Evidence

✨ Hyperliquid denies any security breach by the Lazarus Group despite evidence showing suspicious deposits and withdrawals of $ETH.

✨ Security expert Taylor Monahan highlights significant vulnerabilities in Hyperliquid's system and warns of potential exploitation.

✨ Lazarus Group, linked to major crypto heists, has shown increased interest in Hyperliquid, raising concerns of an imminent attack.

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