简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract：A former employee of Hotbit is being investigated for violating the law. Part of Hotbit's assets were frozen, which led to the suspension of its services.
Hotbit suspended deposits, withdrawals and trading for all clients. While such actions are often taken when crypto exchanges face financial difficulties, some of Hotbit's assets were frozen due to an investigation into one of its former employees.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
A former management executive was involved in a project, which was against Hotbit's principles. The exchange was unaware of the project.
The project is suspected to have violated the law, which led to law enforcement freezing some of Hotbit's funds. Senior management executives have been subpoenaed since the end of July to assist with the investigation.
Hotbit stresses that it was not involved in the project and is cooperating with law enforcement agencies. Hotbit applied for the release of the frozen assets via its lawyers. The clients' funds are safe, service is expected to resume once the assets are released.
FTC Probes Bitmart
A Federal Trade Commission (FTC) investigation was launched into BitMart's security breach. Two hot wallets of the exchange were compromised in December 2021 (ETH and BSC wallets). $150 million were stolen.
The private key was used to withdraw the cryptocurrencies.
BitMart's operators are being investigated to determine whether clients were misled about the security offered by the exchange and to ensure no financial-services laws were violated.
In the case of Solana, Slope wallets were compromised, which allowed the bad actor to drain thousands of wallets. The FTC wishes to ensure the operations took adequate measures as the breach was via the private key.
Since the hack of the Slope wallets, investors are strongly advised to consider hardware wallets as opposed to hot wallets. Ledger and Trezor are among the most popular hardware wallets in today's market.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
You are likely here because you are considering trading with 9X markets, but their very recent launch date has you worried about the safety of your funds. You are right to be cautious.
If you are considering depositing funds with MYFX Markets, you need to pause and read this safety review immediately. While many brokers operate with high standards of transparency, our analysis of the data suggests MYFX Markets poses significant risks to retail investors.
9Cents (established 2024) presents the risk profile of a newly formed, unsupervised financial entity. Despite utilizing the reputable MT5 trading infrastructure, the broker operates without effective regulatory oversight and has already accrued serious allegations regarding fund safety. 9Cents is classified as a High-Risk Platform, primarily due to the discord between its high minimum deposit requirements for competitive accounts and its lack of legal accountability or capital protection schemes.
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has issued a public warning against CoinCola, adding the platform to its Alert List of suspicious virtual asset trading platforms (VATPs). According to the SFC, CoinCola operates through the website and is suspected of conducting unlicensed virtual asset activities while appearing to target or operate in Hong Kong.
WikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFX
