Indodax Suspends Deposits and Withdrawals Due to Attack Attempts
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AI-assisted source synthesis · not an independent investigation.
On October 29, 2026, Indodax CEO William Sutanto said that the platform had detected an increase in attempted cyberattacks and had therefore temporarily suspended customers’ deposits and withdrawals of Indonesian rupiah and crypto assets. The platform said the suspension was implemented before any funds flowed out, but as of the time of reporting, it had not announced when services would resume. During the suspension, some users could still view their account balances and access the spot market. The report also mentioned that Indodax lost approximately $20 million in 2024 after its hot wallet was attacked.
AI-written from reports · updated 2 hours ago
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- CryptopolitanIndodax suspends deposits and withdrawals as cyberattack attempts increase
Indodax CEO William Sutanto said the platform has temporarily suspended customers’ Indonesian rupiah and crypto-asset deposits and withdrawals after detecting an increase in cyberattack attempts. The platform said the suspension occurred before any funds flowed out, but has not provided a timeline for resumption. Some users can still view their balances and access the spot market. Indodax lost approximately $20 million in 2024 after its hot wallet was attacked.
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