April 17, 2024

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Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

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Crypto Exchange Bitforex Suspends Withdrawals Following .5M Drain From Hot Wallets
Crypto Exchange Bitforex Suspends Withdrawals Following .5M Drain From Hot WalletsBitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with users. No Official Word From the Bitforex Team On Feb. 23, Bitforex, a cryptocurrency […]