Upbit has suspended deposits and withdrawals after identifying an unauthorized transfer worth approximately $30 million in digital assets. The company halted all fund movements while it investigates the incident. The unauthorized transfer involved roughly $30 million in digital assets.

Upbit is reviewing security controls and coordinating with the relevant parties to determine the source and scope of the breach. The exchange has not disclosed additional details about the incident, but it will provide updates as they become available.

No further information has been disclosed publicly at this time. Upbit will share updates as the investigation progresses.

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