[Wu Blockchain News] Analyst: Suspected North Korean Hackers Moved $1.46M via Jupiter Lend and Circle...
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Suspected North Korean hackers moved roughly $1.46 million through Jupiter Lend and Circle’s cross-chain bridge, according to on-chain analyst @FabianoSolana, routing funds from an FBI-flagged Solana wallet (AffzFD) through about 35 intermediary wallets before consolidating and depositing into Jupiter Lend. A new wallet withdrew a similar amount minutes later, swapped it into USDC, and bridged through Noble and dYdX back to Solana, with 16 outbound transfers totaling $1,463,410 and 19 inbound transfers totaling $1,463,400 and no funds frozen. Jupiter COO Kash Dhanda said the attackers only deposited and withdrew through Jupiter Lend—unlike an earlier Aave incident involving borrowing non-freezable assets against stolen stablecoins—and that the funds remain fully traceable via LP tokens with wallet associations preserved. The episode matters because it tests whether lending and bridge layers can keep stolen stablecoin flows traceable when issuers do not freeze them. Watch for Circle’s public explanation of why the funds were not frozen and for any further movement of the flagged Solana wallet’s assets.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
North Korean hackers, Jupiter (JUP), Circle (CRCL), Solana (SOL), Kash Dhanda
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