Crypto Exchange Hotbit Suspends Service After Law Enforcement Freezes Its Funds, Subpoenas Senior Managers – Exchanges Bitcoin News

The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee.Cryptocurrency exchange Hotbit announced the suspension of its services on Wednesday. The company wrote:

The exchange detailed that the reason for the suspension is because a former management employee is suspected of violating criminal laws. Law enforcement has subpoenaed a number of Hotbit senior managers since the end of July. They are currently assisting the authorities in the investigation, the exchange added, elaborating:

Hotbit’s website states that the exchange has more than 700,000 registered users from more than 210 countries. “By focusing on the world’s emerging markets such as the markets of Russia, Japan, South Korea, Turkey, and Southeast Asian countries, Hotbit has gathered its users from Twitter, Telegram, VK, and Facebook,” the website details.

Pls investigation the issues ... all user pls tag these persons to they step and they investigat the issue for whole world BBCBreaking BBCWorld BBC_Future BBC BBCNews CIA BarackObama POTUS DonaldJTrumpJr BarackObama

The exchange detailed that the reason for the suspension is because a former management employee is suspected of violating criminal laws.

skillghost01 iambizwas

Let it run normally Hotbit_Updates will hurt even more new customers to be scam victims in the future.

Crypto is under attack. They can't go after your wallets so they go after the exchanges. They only want exchanges they can control. A former employee is 'suspected' of a crime and they shut down an entire exchange? Somethings wrong with that picture.

It is okay to hodl but if you're not hodling for 5-10 years like me, you should consider trading and if you don't have the skills to make profit from trading why not signup with those who can? With erykatrades you'll be earning an average of 21% profit daily.

Don't break the law and everything should be fine. All other companies do.

Flushing the crypto toilet once in a while is good for crypto

Dr_CSWright wrightagain

Twetchdat

HERE WE GO AGAIN

How come Uniswap allows this?

NYKNYC

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin mining stock report: Wednesday, August 10Here's how crypto mining companies performed on Wednesday, August 10.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Hackers Have Stolen $1.4 Billion This Year Using Crypto Bridges. Here's Why It's HappeningCrypto bridges, which connect blockchain networks together, have become major targets for cybercriminals.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Bitcoin mining stock report: Tuesday, August 9Here's how crypto mining companies performed on Tuesday, August 9. Why is everybodyy keeping this a secret.
Source: TheBlock__ - 🏆 464. / 53 Read more »

South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 MakeoverSouth Korean social networking giant zepeto_official is diving into crypto with its new solana-based metaverse platform, ZepetoX. cheyenneligon reports zepeto_official solana cheyenneligon 🚀 Thnks a millon. zepeto_official solana cheyenneligon Thankss a millon 🚀 🚀 Thankss a millon
Source: CoinDesk - 🏆 291. / 63 Read more »