A Hong Kong-based crypto exchange has suspended withdrawals for at least three days without warning.
Hong Kong-based crypto exchange BitForex has halted withdrawals for at least three days without giving a reason. On the day before the halt, around $56 million in crypto had been withdrawn from the exchange’s wallets.
In a Feb. 23 X post, on-chain sleuth ZachXBT said three BitForex hot wallets saw outflows of around $56.5 million in cryptocurrencies before the exchange stopped processing transactions.
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Source: https://cointelegraph.com/news/crypto-exchange-bitforex-halts-withdrawals