Upbit CEO publicly apologizes: confirms loss of KRW 44.5 billion, fully reimburses users for damaged assets Odaily Planet Daily News: Upbit's parent company Dunamu CEO Wu Jingxi issued a public apology statement today regarding the Solana chain abnormal transfer incident encountered by the platform, admitting that the security incident was caused by internal security management deficiencies and emphasizing that "there is no shirking of responsibility". Wu Jingxi stated that Upbit has reported the accident to relevant authorities in accordance with regulations and conducted a comprehensive investigation. After discovering abnormal withdrawals from Solana's associated wallet on the morning of the 27th, the team immediately conducted a comprehensive investigation of the relevant network and wallet system, and found that some on chain transactions on the platform exposed security vulnerabilities that can be inferred from private keys. It has now been urgently fixed. According to official disclosure, the total locked in loss scale is about 44.5 billion Korean won, of which user asset losses are about 38.6 billion Korean won, and about 2.3 billion Korean won related tokens have been successfully frozen; Another approximately 5.9 billion Korean won belongs to the platform's own assets. Upbit has fully covered user losses with its own funds and suspended all digital asset deposits and withdrawals to track out assets and continue to take freezing measures. Upbit stated that it is undergoing a comprehensive restructuring of its wallet system and will reopen deposits and withdrawals after stability verification. At the same time, the company has initiated a company wide security review mechanism, which will take this accident as an opportunity to further strengthen the security infrastructure and maintain transparent disclosure of publicly available content in the future. Wu Jingxi emphasized that 'safety is not absolute', and Upbit will comprehensively enhance its protection system to prevent similar incidents from happening again.