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International Business Times
International Business Times
Business
Marvie Basilan

Hyperliquid Sees Massive Outflows Amid Concerns Over Alleged Presence Of North Korea-Linked Hackers

Hyperliquid North Korea Crypto Discord DPRK Lazarus Group
The Hyperliquid platform (Credit: Hyperliquid Official Website / Screenshot)

KEY POINTS

  • Tay Monahan revealed the wallet addresses of alleged North Korea-linked hackers using the Hyperliquid platform
  • Hyperliquid said on Discord it received confirmation from 'trusted parties' that the platform was secure
  • Some crypto users are still concerned that Hyperliquid may not be taking Monahan's warning seriously

Layer 1 cryptocurrency derivatives platform Hyperliquid has suffered a massive blow amid rising fears over the platform's security after a security expert revealed that hackers linked to North Korea (the Democratic People's Republic of Korea) had been using the Hyperliquid platform for at least a few months now.

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