Today seems to be a day of consecutive bad news, Hotbit a very famous exchange in the cryptographic ecosystem has decided to end its operations after a criminal investigation against them, the exchange has stated that its users have one month to withdraw the funds they have deposited on the platform, they have also stated that other events such as the general fall of the crypto market such as the fall of FTX has affected seriously to Hotbit platform and its capital flow, do you have funds on Hotbit? What do you think of this news?
Hotbit shuts down operations
- Thread starter riberet19
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- #3
It is very sad to see how Hotbit also closes, it is an old exchange with a long history, and for example it was the first to list for example Shiba inu for the first time as well as many other tokens.
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- #5
Yes, I don't think many people had all their funds in this exchange in question, but anyway you can take the funds out of there until almost mid-June of this year.
I have never seen such a news before and no wonder I no longer get to see adverts about the exchange hotbit on any social media outlet that I find myself surfing the internet as it used to be before and to say the least, ftx really caused a lot of damages to the crypto world when it shutdown and since then crypto world has always been on he rise and fall.
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- #7
Honestly this is news that no longer surprises us within the ecosystem, it is as they say "the daily bread" now also Binance has received a complaint from the SEC for fraud of federal laws and embezzlement, crazy.