{"id":65640,"date":"2022-08-10T19:49:14","date_gmt":"2022-08-10T16:49:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65640"},"modified":"2025-09-06T21:06:08","modified_gmt":"2025-09-06T18:06:08","slug":"hotbit-exchange-suspends-trading-and-withdrawals","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hotbit-exchange-suspends-trading-and-withdrawals\/","title":{"rendered":"Hotbit exchange suspends trading and withdrawals"},"content":{"rendered":"<p>As of August 10, the cryptocurrency exchange Hotbit has suspended trading, deposits and withdrawals for all clients. The timeline for resuming operations is unknown.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">\ud83d\udce2Announcement on the Suspension of Hotbit Website Service on August 10th, 2022<\/p>\n<p>Details\ud83d\udc49<a href=\\\"https:\/\/t.co\/5hf6XS638y\\\">https:\/\/t.co\/5hf6XS638y<\/a><\/p>\n<p>\u26a0\ufe0fUser\u2019s assets are safe, please don\u2019t worry. <\/p>\n<p>We are sorry for any inconvenience caused!\ud83d\ude22 <a href=\\\"https:\/\/t.co\/x7wiIL7j1a\\\">pic.twitter.com\/x7wiIL7j1a<\/a><\/p>\n<p>\u2014 Hotbit News (@Hotbit_news) <a href=\\\"https:\/\/twitter.com\/Hotbit_news\/status\/1557347934983061504?ref_src=twsrc%5Etfw\\\">August 10, 2022<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to a blog post, a former Hotbit executive was involved in an unnamed project in 2021 that is under investigation. Some of the exchange\u2019s top managers have been summoned to testify in court.<\/p>\n<p>Some assets have been frozen as part of the investigation, hindering the platform\u2019s full operation. The company said it was unaware of the events, and an employee left the exchange in April 2022.<\/p>\n<p>The team stated that all users\u2019 assets are safe. Platform staff are cooperating with law enforcement, and lawyers are seeking to unfreeze the accounts.<\/p>\n<p>In April 2021, Hotbit <a href=\"https:\/\/forklog.com\/en\/news\/hotbit-reports-potential-leak-of-user-data\">was subjected to a cyberattack<\/a>, in which attackers allegedly gained access to the data of nearly 2 million users. Client funds were not affected.<\/p>\n<p>Read ForkLog\u2019s bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 crypto news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of August 10, the Hotbit cryptocurrency exchange suspended trading, deposits and withdrawals for all clients. The timeline for resuming operations is unknown.<\/p>\n","protected":false},"author":1,"featured_media":65641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166],"class_list":["post-65640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/65640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=65640"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/65640\/revisions"}],"predecessor-version":[{"id":65642,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/65640\/revisions\/65642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/65641"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=65640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=65640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=65640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}