Cryptocurrency News

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

08/11/2022

Less than a minute

2022.08.11 13:50

Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee

On Thursday, cryptocurrency exchange Hotbit said it “suspended trading, deposit, withdrawal and funding functions,” with no timeframe for resumption. In explaining the decision, Hotbit stated:

The firm further claims that the remainder of its employees are not involved in the project and possess no knowledge of the alleged illicit activities. With regards to the frozen assets, Hotbit says:

08/11/2022

Less than a minute

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