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Binance Criticized Over Limited Response to Upbit Hack, Freezing 17% of Requested Assets
Dec 12, 2025
< 1 min read
by Wayne Jones
for CryptoPotato
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Binance complied with a small portion of a freeze request by South Korean police related to a hack of Upbit. This limited response has drawn criticism from industry experts who believe it jeopardizes overall security in the crypto sector.
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Binance, the world’s largest cryptocurrency exchange, reportedly complied with only a fraction of a freeze request from South Korean police following a major hack of competitor Upbit in late November 2025.
The limited cooperation has ignited criticism from industry experts, who argue that slow responses from major platforms undermine collective security.
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