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

October 29: William Sutanto, CEO and co-founder of Indonesian cryptocurrency trading platform Indodax, posted that due to the detection of an increased number of attempted cyber attacks, the platform has temporarily suspended deposits and withdrawals as a security measure. The team is conducting assessment and mitigation, and will resume deposits and withdrawals once security is confirmed.

He stated that user assets are safe, and no unauthorized withdrawals or data leaks have been found. The official account subsequently also stated that system maintenance and regular checks on deposit and withdrawal services are still underway, user assets are intact, and relevant information will continue to be updated through official channels.