PANews reported on January 9 that according to Money Today, data provided by the office of Yoon Suk-yeol, a member of the Democratic Party of Korea (DPK), showed that on December 3, 2024, when South Korean President Yoon Seok-yeol declared a state of emergency, the number of users of virtual asset exchanges surged, and the number of people online at the same time increased by more than 10 times. The results of the Financial Supervisory Service's investigation showed that the number of people online at the same time in major exchanges on that day was as high as 11 times the usual number. Usually, the number of people online at the same time in major exchanges is about 50,000 to 100,000, and after the state of emergency, this number increased to 500,000 to 1.1 million.
The FSC completed an inspection of access failures at various crypto exchanges during the martial law period and recommended that exchanges strengthen their response capabilities. First, it ordered to expand the system's performance by adding more servers. For example, changing the system infrastructure and redesigning the process. It also recommended improving the emergency response plan (BCP) to ensure sufficient system resilience. In order to respond to emergencies caused by a surge in won deposit and withdrawal requests, it is necessary to improve the hotline communication channel and consultation procedures with banks.
