New Statement from Hotbit Officials: Withdrawals May Open In A Few Weeks

Hotbit exchange, which has been in trouble with the law since the beginning of August and has frozen all withdrawal transactions, made important statements about the latest updates.

Announcing many developments that have disturbed its users over the past weeks, the Hotbit exchange has returned to the in-stock market after the withdrawals were stopped. Disabled trading and user balances as “0” made it appear. After a 2-week waiting period, the official statement from the stock market officials on August 28, 4 ex-employees of Hotbit, against whom a criminal complaint was filed. security liberated by the forces reported.

As the reason for the arrest in question, a Hotbit-related GameFi The project is said to be on the agenda. As a result of the investigations carried out by the law enforcement authorities, the aforementioned In the key role of the GameFi project Hotbit’s former employee was involved. At the same time, Hotbit, which was the first stock exchange to list the project, launched the project with high volumes by the authorities. a suspicious move seen as. According to lawmakers, the project market maker It was thought that the suspicious officials in the role may have been involved in a price manipulation.

As a result of the investigation initiated in line with these suspicions, both former Hotbit officials personal accounts as well as stock market main accounts were frozen. The unfamiliarity of the law enforcement with blockchain technology caused all the processes of the case to progress slowly, but at the end of the work. It was found that 4 former officials did not violate the law. In addition to this good news, the latest announcement, which also announced a bad news, is, at the point reached, even though the suspects have been released. Hotbit-owned wallets will remain locked was in the direction. While the Hotbit team’s mutual search for a solution with law enforcement continues, money withdrawal transactions No exact date has been given for when it will be active.

According to the stock market statement, if the process goes as planned all assets owned by users within 2 weeks withdrawal is allowed. In addition, the cryptocurrency exchange in order to avoid similar problems in the future. Another point mentioned in the announcement is that they started a detailed retrospective research within the company.

source site-9