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Hack history / 2023 / Hack or exploit

Upbit

Hack or exploit on Sep 24, 2023 · False top-up

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

On September 24th, according to Definalist on Twitter, scammers had deposited fake APT tokens into South Korea's largest exchange, Upbit. After these fake tokens were deposited into numerous user accounts, many users proceeded to directly sell them. The only explanation for this situation is that Upbit's wallet system only checked the type and data and processed deposits and withdrawals.

Details

Date
Sep 24, 2023
Kind
Hack or exploit
Method
False top-up
How in
Other
Target
Centralized exchange
Chains
not stated

Reported by

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Cite this pageSwanBluechip, "Upbit hack, Sep 24, 2023: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1d977e9299/ (data as of 2026-11-01).
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