Hong Kong’s Regulator Launches Probe into Crypto Exchange BitForex
Hong Kong’s Securities and Futures Commission (SFC)
has flagged BitForex, a cryptocurrency exchange, for suspected fraud. The
exchange abruptly went offline on February 23, with $57 million reportedly missing
from its hot wallets.BitForex’s sudden disappearance prompted Hong Kong’s
regulator to add the company to its alert list regarding potential fraud
associated with the exchange…
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