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$85m stolen from Phemex hot wallets
Crypto exchange Phemex suspended withdrawals after over $85m was drained from hot wallets.
- Organisation
- Phemex
- Disclosed
- 23 January 2025
- Affected
- Not stated
- Data
- Cryptocurrency
- Attacker
- North Korea (suspected)
- Severity
- major
- Region
- Global
- Source
- CM-Alliance ↗
Cite this
Nuffield Consulting, “$85m stolen from Phemex hot wallets”, The Daily Tech Wire outage & breach log, 23 Jan 2025. https://techwire.nuffieldconsulting.com/incidents/2025-01-23-phemex-breach/ (retrieved 15 Nov 2026).
This entry summarises public reporting. Please also cite the original source: CM-Alliance, https://www.cm-alliance.com/cybersecurity-blog/january-2025-recent-cyber-attacks-data-breaches-ransomware-attacks.
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