Upbit Promises Full Reimbursement After Hot Wallet Hack
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Upbit assured users that any funds lost in the recent $36M Solana hot wallet breach will be fully covered by its reserves. Customers do not need to take action, though deposits and withdrawals remain suspended until the platform completes its audit.
Full reimbursement is good, but long-term fixes matter more than refunds.
At least the exchange is owning responsibility—rare in today’s market.