Korean cryptocurrency exchange Gopax announces suspension of all trading services and transfer of all customer assets to cold wallets.

on November 6, South Korean cryptocurrency exchange Gopax announced that, due to recent information leaks and cyberattacks affecting financial institutions, the platform has implemented preventive security measures in accordance with recommendations from financial regulators. Starting at 15:53 (Korea Time) on November 6, all cryptocurrency trading services will be suspended, and all pending orders will be cancelled. Previously, the platform had already halted cryptocurrency deposits and withdrawals.

Gopax stated that all customer crypto assets will be transferred to cold wallets for storage. During the suspension period, users cannot withdraw funds directly through the website or app; instead, requests must be submitted via the customer support email and will be manually processed sequentially following internal review and approval. Withdrawal processing times may be extended.