Foresight News
Foresight News|Nov 27, 2025 06:38
[Bithumb Suspends Withdrawals to Upbit] Foresight News reports that Bithumb has issued an announcement stating that Upbit experienced a large-scale abnormal outflow of virtual assets today, with a significant amount of crypto assets being improperly transferred to external wallets. As a result of this incident, Upbit has suspended all deposit and withdrawal services for virtual assets. Bithumb stated that, in accordance with Article 17, Clause 1 of the Enforcement Decree of the 'Virtual Asset User Protection Act,' it will suspend withdrawal requests to Upbit until the exchange resumes its withdrawal services. Currently, all Bithumb services are operating normally, including deposit, withdrawal, trading, and storage services, which remain unaffected.
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