Bithumb Suspends Virtual Asset Deposit and Withdrawal Transactions Related to Heleket
According to an official announcement, South Korean cryptocurrency exchange Bithumb has announced the immediate suspension of all virtual asset deposits and withdrawals related to the overseas payment platform Heleket, effective May 21, 2026. The announcement states that Heleket is suspected of involvement in illegal activities such as money laundering and terrorist financing. Bithumb stated that this measure is taken to comply with relevant regulations, including the Act on Reporting and Using Specified Financial Transaction Information and the Virtual Asset User Protection Act, and to safeguard users’ assets. Bithumb also warned that using unverified overseas services may expose users to risks such as hacking attacks and disruptions to deposit and withdrawal services.