The exchange halted withdrawals at 2:55 p.m. Friday and trading at 3:53 p.m., cancelling all unfilled orders. Gopax had posted no further notice or set a date for resuming services as of 9:15 a.m. Saturday.
"We received an email from a party claiming to be hackers, but whether the threat is real has not yet been confirmed," a Gopax official said on Friday.
"We are putting asset protection first, even at the cost of inconvenience to users."
Gopax said it acted on the advice of financial regulators as hacking incidents piled up across the sector. The Financial Services Commission said on Oct. 14 that 16 financial firms, including Shinhan Bank and KB Kookmin Bank, had suffered breaches, with about 100,000 records leaked in total.
Streami, Gopax's operator, was among the 16 and disclosed on Oct. 16 that personal data of seven users and two current and former employees had leaked. Binance, Gopax's majority shareholder, suspended withdrawals late last month after a breach whose impact it estimated at about $6.3 billion.
Gopax said it is moving all user assets into offline cold wallets and that none have been lost so far. Users can still request withdrawals through customer support, and each request is processed manually after internal review.
AJP Takeaways
- Gopax, a South Korean cryptocurrency exchange, kept withdrawals and trading suspended as of 9:15 a.m. on Nov. 7, 2026, after halting them on Nov. 6 following a threatening email from a party claiming to be hackers.
- Gopax halted withdrawals at 2:55 p.m. and trading at 3:53 p.m. on Nov. 6 and had not set a date for resuming services as of Nov. 7 morning.
- The Financial Services Commission said on Oct. 14, 2026, that breaches at 16 financial firms, including Gopax operator Streami, had leaked about 100,000 records.
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