Limiting Withdrawal Delays to Prevent Crimes, such as Upbeat and Voice Phishing

2019-09-26 18:11:12

Doomu (CEO Lee Seok-woo), a global standard cryptocurrency exchange upbit, said on Tuesday that it will strengthen its cryptocurrency deposit and withdrawal monitoring system to prevent telecommunications fraud (voice phishing).

In case of withdrawal and withdrawal, the withdrawal delay and withdrawal restrictions will be enforced.

Withdrawal of suspicious patterns refers to patterns similar to the won and cryptocurrency deposit and withdrawal associated with telecommunications financial fraud, such as voice phishing, lending fraud and account lending.

Withdrawal requests determined to be delayed by the upbeat internal standard are limited to withdrawal for 24 hours from the time of withdrawal request.

Direct withdrawal can be canceled within 24 hours.

Withdrawal requests with high suspicion of telecommunications fraud are subject to suspension of withdrawal, and the withdrawal requests are automatically canceled.

Enhanced monitoring systems, withdrawal delays and withdrawal measures will take effect starting the first of next month.

An official from Doomu said, “We decided to strengthen the deposit and withdrawal monitoring system and operate withdrawal restrictions to prevent cryptocurrency-related telecommunications fraud.“ With active monitoring system, we cooperated with investigative agencies and financial authorities.

We will take the lead in protecting our customers' assets. ”Upbeat uses a 24-hour deposit and withdrawal monitoring system to prevent telecommunications fraud, provides login notification to eliminate phishing sites, and utilizes social media channels including the site.

Financial fraud prevention activities are underway.

We will continue our active efforts to create a safe and transparent cryptocurrency trading market.