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South Korea lets crypto exchanges freeze withdrawals on suspicion of hacking

Crypto Briefing ·

South Korea's proactive crypto measures could enhance security but may also challenge exchanges with liquidity issues and operational delays.

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First reported by Cointelegraph at · 2 outlets in all

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  1. Crypto BriefingSouth Korea lets crypto exchanges freeze withdrawals on suspicion of hackingSouth Korea's proactive crypto measures could enhance security but may also challenge exchanges with liquidity issues and operational delays.
  2. CointelegraphSouth Korea to permit crypto withdrawal freezes during hacking threatsThe move follows recent security incidents involving South Korean crypto exchanges, including GOPAX’s precautionary suspension of services and a $70,000 hot-wallet breach at Prabang.