1
The website of BitForex, a Hong Kong-based cryptocurrency exchange, is facing issues.
2
Due to issues with the website, users are trying to reach the concerned authorities through Telegram and Twitter accounts.
3
The users also shared screenshots of the errors they were facing.
BitForex, a Hong Kong-based crypto exchange, has suspended withdrawals for at least three days without warnings or explanation.
Before the halt, around $56 Million in crypto had been withdrawn from the exchange’s wallets. On February 23, on-chain sleuth ZachXBT shared an X (formerly Twitter) post, where he said that three BittForex hot wallets saw outflows of around $56.5 Million in cryptocurrencies before the exchange stopped processing transactions.
Source: X account ZachXBT (@ZachXBT)
Problems Faced by Users
Previously, the exchange had not made any updates since May 2023. On its Telegram channel, the users of BitForex were reporting problems
We współpracy z: https://www.thecoinrepublic.com/2024/02/26/bitforex-crypto-exchange-failed-to-respond-halted-withdrawals/
