Binance responds to claims of "delayed response" or "insufficient action" regarding the Upbit hack: This is untrue.

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Binance denies claims of delayed response to the Upbit hack, stating they acted immediately to freeze transactions and cooperate with authorities, calling such allegations unfounded.

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BinanceUpbit hacksecurity responsecryptocurrencylaw enforcement cooperation

Odaily Odaily reports that Binance has responded to claims of a "delayed response" or "insufficient action" regarding the Upbit hack, stating that such claims are untrue. Binance's security and investigation team discovered the incident immediately and took immediate steps to freeze related transactions and prevent further fund flows. Binance has maintained close cooperation with local law enforcement agencies and relevant partners, and continues to closely monitor the situation, providing support as needed. Any claims of "failure to take timely and effective action" are unfounded and inaccurate. Binance will continue to cooperate with relevant institutions and partners as appropriate.

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