Upbit Halts Aptos Deposits After Fake 'ClaimAPTGift' Token Confusion

Upbit crypto exchange halted Aptos deposits due to scam token being mistaken for real APT
Fake "ClaimAPTGift" token was airdropped to 400k wallets, then sold on Upbit
Upbit failed to verify token source code, allowed sales of fake token
Upbit resumed APT deposits after fixing issue, but delays expected
APT trading at $5.31, but up to $5.56 on Upbit due to disruption

cointelegraph.com

Relevant topic timeline:

9/25/2023

Upbit Freezes Withdrawals After Users Receive $250 in Fake Aptos Tokens

South Korean cryptocurrency exchange Upbit temporarily suspended deposits and withdrawals after mistaking a scam token for legitimate ones, affecting its wallet system and prompting caution regarding potential pricing differences.

10/9/2023

Upbit Targeted by Hackers Nearly 1,800% More in First Half of 2023 Compared to 2020

South Korean cryptocurrency exchange Upbit experienced over 159,000 hacking attempts in the first half of 2023, marking a significant increase from previous years, prompting calls for increased security measures from the government.