Indodax Suspends Deposits and Withdrawals Due to Increased Detection of Cyber Attacks, Assures User Assets Are Safe

BlockBeats news, October 29: William Sutanto, CEO and co-founder of Indodax, Indonesia's largest cryptocurrency trading platform, posted that due to an increase in detected cyberattack attempts, the platform has temporarily suspended deposits and withdrawals as a security measure. The team is conducting assessment and mitigation, and will restore deposits and withdrawals once security is confirmed.

He stated that user assets are safe, with no unauthorized withdrawals or data breaches detected. The official account subsequently also said that system maintenance and regular checks on deposit and withdrawal services are still ongoing, user assets are intact, and relevant information will continue to be updated through official channels.