SecondFi’s investigation suggests the security incident is linked to the Lazarus Group, and the vulnerability has been patched. The incident resulted in the transfer of 16 million ADA, and SecondFi has moved 129 million ADA to a third-party custodian. SecondFi will shut down the SecondFi and Yoroi wallets, with plans to launch an asset recovery tool in August 2026.
SecondFi security incident linked to Lazarus Group; recovery tool expected in August 2026
AiCoinShare
Summary
According to AiCoin, SecondFi’s security breach is now linked to the Lazarus Group. The vulnerability report confirms that a flaw was exploited, resulting in the transfer of 16 million ADA. SecondFi has moved 129 million ADA to a third-party custodian and plans to shut down its services, including the Yoroi wallet. A recovery tool is scheduled for release in August 2026.
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