Global blockchain supervision and query platform








Tiếng Việt

Bahasa Indonesia





Your Location:Home>News>Main body

BKEX freezes withdrawals amid money laundering probe

WikiBit 2023-05-30 10:55

Abstract:The suspension of withdrawals by BKEX has raised concerns among users regarding the security of their funds and other related matters.

BKEX, a cryptocurrency exchange, has temporarily suspended withdrawals following the discovery that funds on its platform were involved in money laundering, as stated in a press release on May 29. The exchange acknowledged the situation and assured users that it is cooperating with law enforcement agencies to gather evidence. The suspension of withdrawals will remain in effect for an undisclosed duration. BKEX emphasized its commitment to assisting with regulatory investigations and restoring normal operations, prioritizing the protection of users' rights. Throughout the investigation, the exchange will maintain transparent and timely communication and encourages users to reach out to customer service for any additional concerns.

BKEX users ask questions

BKEX's decision to suspend withdrawals has sparked criticism from some users who question why all withdrawals were halted due to the actions of a few individuals. Concerns about the platform's financial stability have also arisen, considering the recent struggles faced by other centralized exchanges. However, a representative from BKEX reassured users that services would soon be restored and advised patience. At the time of writing, BKEX has not responded to WikiBIT's request for comment.

The collapse of FTX last year has heightened scrutiny on centralized exchanges. Another example is Hotbit, which recently ceased operations due to deteriorating operating conditions. Founded in 2018 and registered in the British Virgin Islands, BKEX has reported a trading volume of $434.15 million in the past 24 hours, according to data from CoinMarketCap.

Looking for more information about cryptocurrencies WikiBIT offers you a one-stop service! Not only can you access numerous hot news topics, but you can also search for relevant trading firms and obtain their information, such as their ratings, user reviews, and whether they are regulated. Additionally, you can also use WikiBIT to keep up with the latest market trends of various digital currencies.

Don't hesitate any longer - download WikiBIT now and experience its features for yourself!

As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

Token conversion
Exchange rate conversion
Calculation for foreign exchange purchasing

Current Rate0