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GOPAX suspends withdrawals, trading after hacking threats
South Korean cryptocurrency exchange GOPAX suspended its withdrawal and trading services on Nov. 6 after receiving hacking threat emails, Yonhap and other outlets report. The exchange halted withdrawals at 2:55 p.m. and temporarily suspended trading at 3:53 p.m., transferring most of its assets to a cold wallet disconnected from the internet, according to Chosun Ilbo and Kyunghyang Shinmun. The move follows recent hacking and personal information leaks in the financial sector, as well as a reported up to $6.3 billion hack at Binance, the world's largest exchange, Chosun Ilbo notes. Korean media coverage focuses on the emergency measure and the broader security concerns in the cryptocurrency industry, with outlets like Korea Economic Daily and Yonhap detailing the timeline of the suspension and the asset transfer.


















