HOTBIT in TRouble?

What is Hotbit?

Founded in 2018, Hotbit is a legal crypto exchange registered in Hong Kong  & Estonia

Halting Operations

Hotbit has issued a public notice stating suspension of its services including access to funds.

What Happened?

An ex-employee of Hotbit was found to have criminal ties, forcing Hotbit to shut operations.

When will it resume?

The services are suspended temporarily until the investigation is completed.

Is Hotbit Bankrupt?

From the reports, there's no indication of bankruptcy. The investigation is underway & funds are safe

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