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GangnamGlamour GangnamGlamour Sat Jul 13 2024 | 5 answers 1259

Did bitforex withdraw $56 million in cryptocurrencies before halt?

As a finance enthusiast and cryptocurrency watcher, I'm keen to understand the recent developments surrounding Bitforex. Specifically, I'm curious to know if there's any truth to the rumors that Bitforex withdrew a significant amount of cryptocurrencies, reportedly $56 million, before the platform's recent halt. Could you elaborate on the details of this withdrawal, if it indeed occurred? Were there any indications that this was imminent, or was it a sudden and unexpected move? Additionally, what are the potential implications of such a withdrawal for investors and the cryptocurrency market at large? Your insights would be greatly appreciated.

Did bitforex withdraw $56 million in cryptocurrencies before halt?

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