South Korean authorities suspect North Korea's Lazarus group in the recent $30 million hack of Upbit, a major cryptocurrency exchange. The attack involved sophisticated cross-chain money laundering techniques, with stolen Solana-based tokens rapidly converted into Ethereum across 185 wallets. This breach coincided with Dunamu's announcement of a $10.3 billion merger with Naver, raising concerns about the future of both companies amid ongoing investigations. The hack adds to Dunamu's regulatory challenges, following a record $26.5 million fine for compliance failures. The Financial Intelligence Unit imposed a three-month business suspension, complicating Dunamu's operations and VASP license renewal. Despite these hurdles, the merger with Naver aims to create next-generation financial infrastructure and expand globally. However, the hack's implications may delay regulatory approvals and impact the merger's progress.