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Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto

Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto

Photo: Unchained

Customers of GOPAX, a Korean exchange whose operator Streami is majority-owned by Binance , can now get crypto out only by emailing a request, after GOPAX switched off trading and crypto deposits on Friday while it moves every coin into cold wallets . GOPAX announced the shift in two notices, and neither says when normal service will return. At 2:55 p.m. local time (12:55 a.m. ET), GOPAX suspended all crypto deposits along with the regular withdrawal function on its website and app. Trading went dark at 3:53 p.m. (1:53 a.m.

Source: Unchained

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