Hyperliquid Labs firmly denied allegations of exploitation by wallets linked to North Korea, emphasizing their commitment to user safety. The company noted a rise in security concerns following suspicious trading activities involving these wallets.
North Korean Hackers
Following claims from security expert Taylor Monahan, wallets associated with North Korean hackers were reported to have conducted transactions on the Hyperliquid platform. These wallets reportedly executed Ethereum (ETH ($3,097.06)) 
$3,327 transactions that led to liquidations exceeding $700,000.
“To our knowledge, there has been no DPRK exploitation on the Hyperliquid platform. All customer funds are securely protected.” -Hyperliquid Labs
In a statement via their Discord channel, Hyperliquid Labs asserted that there have been no exploits or security vulnerabilities. They highlighted their operational security, backed by a robust reward program and industry-standard blockchain analysis.
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