Independent record. Not associated with, endorsed by or operated by Binance. This site is read-only: there is nothing to sign in to, pay for or connect.

The Binance Hack

An independent record of the October 2026 Binance hack

All people and organisations

Financial Services Commission

Agencie. South Korea's financial regulator

The statements below are attributed to this speaker by the cited sources. Appearing here is not an accusation.

Statements, oldest first

ReportedregulatorStatement 1376

The Financial Services Commission said it reviewed exchanges’ IT access controls, wallet withdrawal approval and signing procedures, and administrator privileges, and urged providers to increase the proportion of assets held in offline cold wallets, as reported by Cointelegraph.

The FSC said it reviewed exchanges’ IT access controls, wallet withdrawal approval and signing procedures, and administrator privileges. It also urged providers to increase the proportion of assets held in offline cold wallets.

Speaker
Financial Services Commission
Publisher
Cointelegraph (News media)
Original
South Korea urges exchanges to boost cold storage after Binance hack
Captured
Stored copy
sha256 921a54ccf2f3
Published
ReportedregulatorStatement 1379

The Financial Services Commission urged providers to continuously monitor deposits and withdrawals, secure additional incident response personnel and promptly report and share information about unusual access attempts, as reported by Cointelegraph.

The FSC also urged providers to continuously monitor deposits and withdrawals, secure additional incident response personnel and promptly report and share information about unusual access attempts.

Speaker
Financial Services Commission
Publisher
Cointelegraph (News media)
Original
South Korea urges exchanges to boost cold storage after Binance hack
Captured
Stored copy
sha256 921a54ccf2f3
Published