CEX denies South Korean media reports about their slow response to the CEX hacking attack

On December 12, CEX denied reports by Korean media that, following a hacking attack on South Korea’s largest crypto platform CEX, their response to freezing funds was sluggish. A CEX spokesperson stated: “CEX’s security and investigation team discovered this incident and acted immediately to assist in freezing the relevant transfers to prevent further loss of funds. Therefore, any claims that we did not take timely and effective measures are baseless and inaccurate.” Earlier today, according to Korean media outlet KBS, CEX received a request from Korean police to freeze the cryptocurrency assets stolen from CEX by hackers, but ultimately only assisted in freezing a portion of the assets. After confirming on the morning of the 27th that some of the stolen funds had flowed to CEX, Korean police requested CEX to freeze approximately 470 million Korean Won worth of Solana tokens. However, CEX, citing the need to “further verify the facts,” only froze 17% of the requested amount (about 80 million Korean Won), and the process was delayed by about 15 hours before completion and notification. CEX’s spokesperson stated that they could not comment on the incident reported by KBS but emphasized that local law enforcement agencies are “actively investigating” to identify the attackers. On November 27, South Korea’s largest crypto trading platform CEX disclosed detecting abnormal withdrawal activity, with approximately 54 billion Korean Won (about 36 million USD) worth of Solana network-related digital assets transferred to unknown external wallet addresses.