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GOPAX Freezes Standard Withdrawals Amid Hack Threat; Moves Assets To Cold Storage

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TL;DR Service Suspension: GOPAX halted deposits, standard withdrawals, and trading after receiving an email threatening a hack, though the exchange said no breach or theft had occurred. Asset Protection: The exchange plans to move all crypto assets into offline wallets and continues allowing withdrawals through manual support requests that may face delays. Regulatory Oversight: The exchange’s actions come amid increased cybersecurity scrutiny in South Korea and recent incidents affecting other financial and crypto platforms. South Korean cryptocurrency exchange GOPAX temporarily suspended key services on Friday after receiving an email threatening a hack, according to local media reports. The platform halted deposits and standard withdrawals at 5:55 a.m. UTC before later stopping trading activity at 6:53 a.m. UTC .

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