Thursday June 26, 2025

Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

by Terence Zimwara February 27, 2024 1 min read

(Originally posted on : Bitcoin News )

Bitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with users. No Official Word From the Bitforex Team On Feb. 23, Bitforex, a cryptocurrency […]

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