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Binance denies Korean media reports that it was slow to respond to the Upbit hack

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2025-12-12 14:47:06
On December 12, Binance denied reports from Korean media that it was slow to respond to the hack of Upbit, the largest crypto platform in South Korea. A Binance spokesperson said that the Binance security and investigation team discovered the incident and took immediate action to assist in freezing the relevant transfers and prevent further loss of funds. Therefore, any claim that we did not take timely and effective measures is baseless and inaccurate.
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