Hotbit Crypto Exchange Stops Trading and Investing!
In 2018, Hotbit, which started Bitcoin and cryptocurrency exchange activities, announced that they decided to stop trading, depositing, withdrawing and funding functions. The giant cryptocurrency exchange stated that the resumption date is not yet clear.
Cryptocurrency Exchange Hotbit has stopped trading, depositing, withdrawing and funding functions; the company announced the decision to stop on its social media accounts:
"This is due to the fact that a former Hotbit management employee who left Hotbit in April of this year was involved in a project last year (contrary to Hotbit's internal guidelines and unknown to Hotbit) and law enforcement is now suspected of violating criminal laws.
Therefore, some Hotbit senior executives have been subpoenaed by law enforcement since the end of July and are assisting in the investigation. In addition, law enforcement authorities have frozen some of Hotbit's funds, which has prevented Hotbit from operating normally."
https://twitter.com/Hotbit_news/status/1557347934983061504?cxt=HHwWgIDUhcPs55wrAAAA
The popular crypto exchange Hotbit emphasized that none of its employees, except the employee in question, were involved in the illegal project:
"The remaining employees of Hotbit and Hotbit management are not involved in the project and have no knowledge of the illegal information contained in the project. However, we continue to actively cooperate with law enforcement agencies in their investigation and are in constant contact with them through our lawyers and are applying for the release of frozen assets.
All users' assets are safe on Hotbit. Hotbit will resume normal service as soon as the assets are released. All user ass