K-Bank President Reassures Stability, No Bank Run Concerns According to K-Bank President Choi Woo-hyung, the financial institution's deposits on Upbit are managed separately and are highly liquid, mitigating concerns about a potential bank run. President Choi emphasized that the funds deposited on Upbit are exclusively matched with stable and liquid investment options such as money market funds (MMFs) and government bonds. This ensures that these funds can be readily converted into cash if necessary, even in the event of unexpected withdrawals. The K-Bank President stressed that no portion of the Upbit deposits is utilized as a funding source for K-Bank loans, further bolstering the bank's financial stability. These measures have minimized the risk of a bank run due to coin investment eradication, as the deposited funds remain readily accessible and liquid.