According to an official announcement, Upbit, South Korea's largest cryptocurrency exchange, has placed Initia (INIT) under trading alert starting at 2:00 PM (Korean time) on October 26th. This applies to the BTC/USDT trading pair, and the review period will last until the week of November 23rd to 27th. The platform stated that the cause of the security incident is still under investigation and the issue remains unresolved, potentially causing losses for users.