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CEX suspends FLOW deposits and withdrawals, DAXA issues a trading risk warning for Flow
On December 27, the Korean cryptocurrency trading platform CEX announced that due to signs of a security incident on the Flow (FLOW) mainnet, deposits and withdrawals of FLOW have been temporarily suspended starting December 27. As a user protection measure, the resumption time will be announced separately. On the same day, the Korea Digital Asset Exchange Alliance (DAXA) decided to issue a “Trading Risk Warning” for FLOW. DAXA stated that signs of security issues have been confirmed on the Flow mainnet, and further measures such as designating trading caution or terminating trading support may be taken depending on the progress of the investigation.