CEO Dunamu apologizes after the Upbit security incident and commits to ensuring that users do not suffer losses.

CEO Lee Sirgoo of Dunamu, the parent company of Upbit, has issued an official apology following a recent security incident, acknowledging vulnerabilities in the internal protection system of the exchange. He stated that the incident stemmed from preventable mistakes in the security process and asserted that the company takes full responsibility. Lee committed that users would not suffer any financial losses, regardless of the scale of the incident.

According to initial estimates, the attack affected a total of approximately 44.5 billion KRW in digital assets, including about 38.6 billion KRW of user funds, 2.3 billion KRW of temporarily frozen assets, and around 5.9 billion KRW of damages borne by the company itself. Dunamu stated that they are enhancing cybersecurity, conducting internal audits, and coordinating with authorities to prevent similar incidents in the future.