GOPAX halts crypto trading, withdrawals to move all assets to cold storage

GOPAX halts crypto trading, withdrawals to move all assets to cold storage

South Korea’s GOPAX suspended trading, deposits and standard withdrawals after a hacking threat, with manual withdrawals available through support.

South Korean crypto exchange GOPAX suspended trading, deposits and standard withdrawals Friday after receiving an email threatening a hack, according to local newspaper Kyunghyang Shinmun.

A GOPAX representative told the newspaper that no hack or attempted theft had occurred at that point.

GOPAX said it halted deposits and standard withdrawals at 5:55 am UTC. Trading stopped at 6:53 UTC, according to a second announcement. All unfilled orders were canceled.

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