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

February 27, 2024
in Bitcoin
Reading Time: 1 min read
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Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets
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Bitforex, 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 […]
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