In accordance with Blockbeats, on December 27, 2025, South Korean crypto exchange Upbit announced the temporary suspension of Flow (FLOW) deposits and withdrawals due to signs of a security incident on the Flow mainnet. The measure is a user protection action, with no restoration date provided. On the same day, the South Korean Digital Asset Exchange Association (DAXA) issued a 'trading risk alert' for FLOW, confirming signs of security issues on the Flow mainnet. DAXA stated it may take further actions, including designating FLOW as a cautionary trading target or terminating trading support, depending on the investigation's progress.
Upbit Suspends FLOW Deposits and Withdrawals, DAXA Issues Trading Risk Alert
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Summary
On December 27, 2025, Upbit halted FLOW deposits and withdrawals citing on-chain news of a potential security incident on the Flow mainnet. The South Korean exchange cited user protection as the reason, with no timeline for resumption. On the same day, DAXA issued a crypto scam alert and trading risk notice for FLOW, citing similar concerns. The association warned it may restrict trading or delist FLOW depending on the investigation.
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