Hotbit Exchange Suspends All Transactions According to the Latest Announcement

Hotbit, which serves more than 5 million users, announced in its latest statement that it will suspend operations and users need to withdraw their assets by June 21st.

Hotbit, which serves more than 5 million users, announced in its latest statement that it will suspend operations and users need to withdraw their assets by June 21st. This decision comes after a period in which the platform had to suspend operations for a few weeks following an investigation conducted in August 2022.

The management team of Hotbit stated that the decision to suspend operations was prompted by the technical challenges and the need to update security measures resulting from an investigation conducted in August 2022. The measures taken as a result of the investigation were aimed at making the platform more secure and ensuring the protection of users’ assets.

Concern and uncertainty in the process of withdrawing users’ assets continue.

We will continue to provide updates as developments unfold.

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