🔒🔄 Cryptocurrency exchange Patricia faces controversy over fund conversion! 🔍📉 Bitcoin.com reports that Nigerian exchange Patricia has converted customer deposits into its proprietary dollar-pegged stablecoin, Patricia Token (PTK). This move follows a hacking attack that inflicted $2 million in losses on Patricia three months prior. Community members have raised concerns, speculating that the exchange may have swapped user funds for tokens of questionable value. Vigilance remains essential in the crypto landscape! 💼🔒 #CryptoExchangeNews #FundConversion #BitcoinWorld

🇯🇵 Hitomi Yamamoto, founder of Sakura Exchange Bitcoin, confirms that Binance, after acquiring the Japanese licensed exchange in November 2022, temporarily halted service in May 2023, renamed it to Binance Japan in August 2023, and now has resumed operations. 🔄🚀 #CryptoExchangeNews

📢 Crypto exchange txbit makes an announcement! ⚠️ On September 14th, operations will cease, and all customers are urged to withdraw funds by 21:00 pm (Korean time) on the same day. 🕒🏦 The decision arises from challenging market dynamics due to intensified cryptocurrency regulations across multiple countries. 🌍📉 Adapting to the evolving regulatory landscape. #txbitClosure #CryptoExchangeNews #RegulationImpact

💼🚨 Bitgin, a Taiwanese crypto exchange, faces police investigation over alleged money laundering. COO Yuting Zhang reportedly arrested for involvement in a $9.28 million laundering case. Despite the probe, the exchange assures normal operations and no user impact #BitginInvestigation #CryptoExchangeNews

Crypto exchange Blockchain . com has raised $110M in Series E funding led by UK investment firm Kingsway Capital with participation from Baillie Gifford and others.

#blockchain #CryptoExchangeNews #dyor

@BitrueOfficial has been accused of scamming users out of a total of $57k (IDR900million).

The user @mrstp__ (on x) claims that their account was frozen without evidence and they were banned permanently. When they tried to withdraw their funds, they were unable to do so.

The user is warning others not to use this exchange as they believe it is a scam.

The post has gone viral with 261 Reposts, 60 Quoted.

source:
https://twitter.com/mrstp__/status/1765339053065637964?t=JGSLlcQM7jMVRZKE19BYXw&s=19

#Dyor #Bitrue #Alert #CryptoExchangeNews