Phemex
- Date (as written)
- 2025-01
- Year
- 2025
- Country
- Singapore
- Actor pages
- Lazarus GroupTraderTraitor
- Tags (as written)
- Cryptocurrency FinancialGain
- Dollar figures (as written)
- $73 million; $85,085,704; 85 ($ Million); $85 million
Source entries (4)
Phemex · 2025-01
On January 23, 2025, Phemex suffered a $73 million hack, with funds drained from hot wallets across 16 chains, including Ethereum, Solana, and XRP. The attack exploited access control vulnerabilities, enabling rapid and synchronized thefts. While cold wallets remained safe, the incident raised significant concerns about multi-chain security risks. Phemex temporarily suspended withdrawals and promised transparency, publishing proof of reserves to reassure users.
Phemex · 2025-01-23
Amt Stolen: $85,085,704
Phemex · 2025-01-23
Table 3: DPRK Cryptocurrency Thefts, January - September, 2025. Date: 2025-01-23; Victim: Phemex; DPRK APT: TraderTraitor; Amount ($ Million): 85. Report: "In coordination with Chainalysis and Mandiant, MSMT Participating States have attributed the cryptocurrency heists in tables 2 and 3 to DPRK actors."
Phemex · 23/01/2025
Singapore-based cryptocurrency platform Phemex is forced to pause some of its operations after a suspected cyberattack led to the theft of more than $85 million in digital coins. [Date Occurred: 23/01/2025; Date Discovered: 23/01/2025]
Values found later for empty fields
actors: Lazarus Group
Lazarus Group just connected the Bybit hack to the Phemex hack 2025-02-22 • Zach XBT
actors: TraderTraitor
2025-01-23 Phemex TraderTraitor 85
Suggest a correction on GitHub