Restriction on Withdrawals from Cryptocurrency Company Preparing to Shut Down

Cryptocurrency payment services provider Wyre, which was allegedly shut down by its former employees, has limited withdrawals.

In the claim made by a former employee of Wyre, who was fired in the past days, it was stated that the company was having troubled days and would soon cease its operations. Wyre seems to confirm these claims. January 7 on his official social media account. in his statement, withdrawal options for customers still active but can be used as daily to the limits subject to announced that it will. The company determines that the daily withdrawal limit is the amount of funds in the accounts. with 90% stated that it is limited.

In the statement, Wyre’s Director of Risk Management and Compliance by Yanni Giannaros of the company new CEO was appointed as The company has skills due to Giannaros for this task most suitable candidate stressed that. Underlining that its activities continue, Wyre said that the company’s move further stated that they would evaluate the options for thanks for the support.

On the other hand, recently the from business partners one who Juno also made a statement and the company bad financial situation citing its customers on Wyre their funds to pull them recommendation had.


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