CryptoSlate reports that South Korea's Financial Services Commission (FSC) has ordered a lockdown of crypto wallets following a recent hack involving Binance. The FSC also called for enhanced monitoring of transfers, increased response staffing, and reserves. However, details on exchange implementation and new custody thresholds remain unclear.

Based on the CryptoSlate report; not independently verified.

Source published: Wed, 04 Nov 2026 08:20:08 +0000

[Read the original report](https://cryptoslate.com/south-korea-orders-massive-crypto-wallet-lockdown-following-the-binance-hack/)

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