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Financial Services Commission

1 articles

Korea Will Let Exchanges Freeze Funds Before a Hack Is Confirmed
Policy

The Financial Services Commission has only decided to issue the no-action letter, and has not published the conditions attached to it or set a date. Current law lets an exchange block withdrawals only once a hack has clearly occurred, which is the gap GOPAX fell into when it froze on an emailed threat on November 6.

·MiningPool Staff