11 Crypto Exchanges Suspend Operations, Leaving Behind 17.8 Billion Won in Customer Deposits According to a report by the Central Daily, 11 cryptocurrency exchanges in South Korea have suspended operations from last year to recently, leaving behind a staggering 17.817 billion won (approximately $15.5 million) in customer deposits as of last month. These figures represent the reported scale of damage from exchanges that have officially announced their closure. Financial authorities are still struggling to determine the total amount of unrecovered deposits from exchanges that have suspended operations while blocking withdrawals and deposits. The suspensions and closures have caused significant financial losses for customers, raising concerns about the regulation and safety of the cryptocurrency market. Authorities are urging caution and recommending that investors thoroughly research and understand the risks associated with any cryptocurrency investment.