NOV 28, 2019

Upbit Promises Swift Reimbursement, Theories Over Missing Funds Swell

Major South Korean cryptocurrency exchange Upbit has lost 342,000 ETH. All users will soon be reimbursed with corporate funds.

Details are still sketchy after Upbit hack, although some experts are skeptical to call it an “inside job.” Meanwhile, exchange’s operator confirms they are planning a quick reimbursement