According to PANews, data provided by members of the Democratic Party of South Korea showed that the number of users of virtual asset exchanges surged when South Korean President Yoon Seok-yeol declared a state of emergency on December 3, 2024.
A survey by the Financial Supervisory Service showed that the number of people online simultaneously at major exchanges on that day reached 11 times the usual number, ranging from 500,000 to 1.1 million.
The FSC recommended that exchanges expand system performance by adding servers and improve emergency response plans to cope with emergencies caused by a surge in Korean won deposit and withdrawal requests.