Incident All ledgers
Lykke: $22.4m
Lykke lost $22.4m on 4 June 2024. Ranked 125th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 4 June 2024
- Lost
- $22.4m
- Returned or repaid
- None recorded
- Target
- CEX
- Category
- Key Compromise
- Method
- Hot Wallet Key Compromised
- Chains
- Ethereum, Bitcoin
Lykke's exchange hot wallet was compromised by Lazarus Group, with 158 BTC and 2,161 ETH (about $22.4M) stolen, roughly a third of its holdings. The exchange halted trading and later went bankrupt.
Against the ledger
- It ranks 125th of the 1,272 incidents with a known loss, and 13th in 2024.
- It accounts for 19.5% of the $114.9m in known losses in June 2024.
- 153 incidents in the ledger are classified as Key Compromise, for $8.96bn in total. This one is 0.3% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 15 Jul 2026 | Ostium | $23.8m | DeFi Protocol | Private Key Compromised | — |
| 09 Jul 2018 | Bancor V3 | $23.5m | DeFi Protocol | Hot Wallet Key Compromised | — |
| 14 Apr 2023 | Bitrue | $23.0m | CEX | Hot Wallet Key Compromised | — |
| 29 Aug 2021 | Bilaxy | $21.7m | CEX | Hot Wallet Key Compromised | — |
| 24 Sept 2025 | SBI Crypto | $21.0m | Other | Hot Wallet Key Compromised | — |
All failures in 2024 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “Lykke, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/lykke-2024-06-04/. How this is built