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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