COINTELEGRAPH · 2026-11-06 10:47 UTC

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

South Korean exchange GOPAX suspended trading, deposits and standard withdrawals on Friday after receiving an email threatening a hack, though a representative said no hack or attempted theft had occurred at that point. GOPAX plans to move all crypto assets to offline wallets, citing financial regulators' recommendations after a series of leaks and hacks affecting financial institutions. Customers can still request withdrawals through the support center, but manual verification may delay processing; the suspension follows a regulator push for higher cold-wallet holdings.

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