Exchanges
Bearish
South Korean exchange Gopax halts trading after receiving hacking threat
Image: Crypto.newsSouth Korean cryptocurrency exchange Gopax suspended trading, deposits, and standard withdrawals following an email threat of a cyberattack. The platform stopped deposits and standard withdrawals at 2:55 p.m. local time and halted trading at 3:53 p.m. Gopax reported that no actual hacking attempt or asset theft occurred prior to the suspension. The exchange began transferring customer virtual assets to offline cold wallets. Customers can still request manual withdrawals through customer service.
Key points
- South Korean cryptocurrency exchange Gopax suspended trading, deposits, and standard withdrawals after receiving a hacking threat.
- Gopax halted deposits and standard withdrawals at 2:55 p.m. local time and stopped trading at 3:53 p.m.
- The exchange confirmed that no hacking attempt or asset theft had been detected when services stopped.
- Gopax began transferring customer virtual assets into offline cold storage to protect funds.
- Customers can still submit manual withdrawal requests through the customer service center.
Why it matters
The sudden suspension limits user access to funds and highlights ongoing cybersecurity pressures on digital asset exchanges.
Sources · 3 publishers
Crypto Briefing
Tier 2
South Korea’s Gopax halts trading after receiving hacking threats
Crypto.news
Tier 2
South Korea’s GOPAX halts crypto trading, withdrawals after hacking threat
Coverage timeline
- First reported by Cointelegraph
- Also reported by Crypto Briefing
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error