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Phemex

Jan 23, 2025

$85.0M
Lost
$85.0M
Recovered
$0
Net loss
$85.0M
Unrecovered0% recovered

1M to $85M. The hot wallet private keys and signing infrastructure were compromised.

Target
CEX
Classification
Key Compromise
Technique
Hot Wallet Key Compromised
Attribution
North Korea
Chains
EthereumSolanaXRPBitcoinBSCSuiBaseTronArbitrumAvalanche+3

Event timeline

  1. Jan 23, 2025
    Exploit executed — $85.0M drained via hot wallet key compromised
  2. Attributed to North Korea
  3. Recovery status Unrecovered 0%

Data credits

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