Another US Cryptocurrency Company Shut Down

US-based cryptocurrency company Wyre announced the closure of the platform, citing bear market conditions.

Cryptocurrency payment services provider Wyreongoing for about 2 years succumbing to bear market conditions closure decision took. Liquidation Announcing the launch of the Wyre process, the assets ready for sale stated that. The company sells its remaining assets. of business partners And damages to their customers. hopes to make up for it.

In the official statement made by the company, users are advised to withdraw their assets from the platform. until 14 July time recognized:

Wyre continues to secure client assets. If you have assets on the Wyre platform, you can continue to withdraw them through Wyre’s dashboard until Friday, July 14. After that date, we will have a separate process to recover remaining assets on the platform.

Wyre, which has entered a turbulent period especially since the beginning of 2023, laying off 75 employees had come to the fore. Still, the company continues its activities, from a strategic partner stated that they would continue their operations as normal thanks to the financing they received.

But even if this funding wasn’t enough to save the business, 10 years of operating life The decision to liquidate was then taken. Special payment platform Bolt’s Wyre in September 2022 1.5 billion dollars since the company canceled its acquisition plans. fell into a great void is estimated.

In a statement made by the team, assets belonging to Wyre individuals and institutions that want to buy made an open call:

If you are interested in purchasing the assets of Wyre or its affiliates, please contact 88 Partners.

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