Vebitcoin Stoped Its Activities After THODEX

Vebitcoin stopped its activities after THODEX. MASAK blocked the accounts of vebitcoin in Turkey.

Following the cryptocurrency trading platform THODEX, the cryptocurrency platform called Vebitcoin has also announced that it has decided to stop its operations. In the statement on the website of the platform, the following statements were made: "Due to the recent developments in the cryptocurrency industry, there has been a much more intensity in our transactions than expected. We regret to state that this situation has led us to a very difficult process in the financial field. We decided to stop our activities in order to fulfill all regulations and claims. We will provide information."

MASAK Blocked Its Accounts

MASAK blocked the accounts of Vebitcoin in all financial institutions in Turkey. In addition, an investigation has been initiated on the aforementioned company and its executives.

Made a Statement on April 17

Crypto exchange Vebitcoin presented a statement on the problems with the platform on April 17th. In the statement, the following expressions were used: "Due to the improvement works we have carried out in the infrastructure of our banks and our preparation for the regulation processes with the recent developments in the cryptocurrency sector, our transactions are intense. This causes delays in your withdrawal requests and your transactions can take longer than expected. In line with our goal of providing a more streamlined and optimized trading experience, we want you to be sure of your high standard of trade activities we expect. We will ensure that your transactions are completed as soon as possible."