Korean Crypto Exchanges Reinstate Withdrawal Delays Amidst Rise in Phishing Scams

South Korean cryptocurrency exchanges are reversing their recent policy shift, reintroducing withdrawal delays due to a surge in phishing scams. This move prioritizes security over user convenience in the face of sophisticated cyberattacks targeting crypto users. While the decision may initially seem like a step backward for faster transactions, it reflects a proactive approach to safeguarding assets from increasingly aggressive fraud tactics.