Hong Kong-based crypto exchange suspends withdrawals days after FTX token listing Crypto FTT
, a worrisome drama is playing out on the Hong Kong-based crypto exchange, BitCoke. The issue started when its users reported experiencing difficulty with withdrawals.
The exchange BitCoke experienced difficulty in withdrawing coins, many users were unable to withdraw coins for more than 24 hours. At the beginning of 2022, BitCoke issued its own platform coin and received 20 million investment from more than ten capitals including Huobi and LD.Consequently, BitCoke suspended withdrawals on Nov. 13, 1 p.m. Hong Kong time.
The past week was a chaotic one that saw the collapse of the FTX empire and the ouster of founder Sam Bankman-Fried.
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