Upbit hack puts Binance’s emergency freeze policy under scrutiny

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Binance's emergency freeze policy has been questioned after it reportedly froze only 17% of funds linked to the Upbit hack, sparking concerns over how exchanges handle cross-border law enforcement.

Market Impact

Market impact analysis based on bearish sentiment with 71% confidence.

Sentiment
Bearish
AI Confidence
71%

Article Context

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Binance reportedly froze only about 17% of the funds that South Korean police linked to the Upbit hack, raising questions over how major exchanges act on cross-border law enforcement.

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Original article published by Unknown on December 12, 2025.
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